In this final episode, Ryan and Becky summarize what they’ve discussed over the season, ensuring you have the knowledge to understand how your finances work and what you can do to make them work for you.

Join in as they highlight their key takeaways, take charge of your finances, get yourself involved in the process, and, when you’re ready, find a trusted advisor who understands your personal situation. After all, It’s only money!

The three main takeaways:

1. Determine your goals. Set up a budget to help you achieve them.

2. Do your research, ask questions, and make sure you understand what all your options are.

3. Find and work with an advisor you trust.

In this episode, Ryan and Becky talk about the exciting world of insurance. They explore the fundamentals of property, health and life insurance, and offer real-world examples of why insurance is important and things to consider before you buy.

The three main takeaways from this episode:

1) It's important to consider your need for coverage when purchasing any type of insurance

2) Understand your policy and ask questions about what is covered and what is not covered

3) Get your insurance early. It is easy to obtain when it is not needed vs. after a situation when it is needed

"In this month’s podcast, Ryan and Becky talk to lawyer Eric Schroter about how to protect your assets. They discuss power of attorney, trusts, wills and estates. This is a must listen to start getting an understanding of how to protect yourself and your loved ones.

The three main take aways from this episode:

1) Proper planning. Know what you have and what you want

2) Seek professional advice

3) Address your unique situation

Contact Eric Schroter, Partner at Campbell Froh May & Rice: [email protected]

Website: https://www.richmondbclawyers.com/

Helpful links:

Power of attorney: https://www.canada.ca/en/employment-social-development/corporate/seniors/forum/power-attorney-financial.html

Wills: https://www.canada.ca/en/employment-social-development/corporate/seniors/forum/power-attorney-financial.html

Types of trusts: https://www.canada.ca/en/revenue-agency/services/tax/trust-administrators/types-trusts.html

"

In this month’s podcast, Ryan and Becky introduce you to two exciting government plans that can get you free money. The RDSP and RESP are a must for people with disabilities or children.

The three main takeaways:

1) Register for the Disability Tax Credit

2) Whichever Registered account fits with your situation, start as early as possible

3) Interview a few “Providers,” and find the one that you feel will give you the right service throughout the lifetime of either plan.

Helpful links:

Information on Social Insurance Numbers: https://www.canada.ca/en/employment-social-development/services/sin.html

Disability Tax Credit: https://www.canada.ca/en/revenue-agency/services/tax/individuals/segments/tax-credits-deductions-persons-disabilities/disability-tax-credit.html

"In this month’s podcast, Ryan and Becky introduce listeners to the world of Registered Savings Plans and their related tax benefits. If you are ready to start saving, this is the episode for you.

The three main take aways from this episode:

1) Just get started. Don’t worry about not having large deposits. It is important just to get going on a savings plan.

2) If you need help, talk with a financial advisor. Find one you trust as they can help you document your goals and plans.

3) Register with CRA for a My CRA account. You can find out how much contribution room you have for each plan.

Helpful links:

Setting up your account with CRA: https://www.canada.ca/en/revenue-agency/services/e-services/cra-login-services/cra-user-password-help-faqs/registration-process-access-cra-login-services.html

RRSP information: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/registered-retirement-savings-plan-rrsp.html

The Tax-Free Savings Account: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/tax-free-savings-account.html

The Tax-Free First Home Savings Account: https://www.canada.ca/en/department-finance/news/2022/08/design-of-the-tax-free-first-home-savings-account.html

What is the Home Buyers' Plan (HBP)? https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/what-home-buyers-plan.html

Lifelong Learning Plan (LLP): https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4112/lifelong-learning-plan.html

"

In this month’s podcast, Ryan and Becky talk to Brian Moore, an expert in accessibility who works in the banking industry. They discuss what services the banks can offer persons with a disability, the Accessible Canada Act, and a whole lot more.

The three main take-aways from this month’s episode:

1) If you aren’t getting the service you think you need from your bank or credit union, call, or email them

2) Read about the Accessible Canada Act, learn what you are entitled to

3) Always carry a pair of corded earbuds with you

Follow Brian on Twitter: @bmoore123

Email Brian: [email protected]

Helpful Links:

Envisioning Technologies – Talking ATM Episode

https://envisioningtechnologies.omeka.net/exhibits/show/the-talking-atm--innovation--a/the-talking-atm

Towards an Accessible Canada

https://www.canada.ca/en/employment-social-development/programs/accessible-canada.html

A Guide to ADA Compliance in Canada

https://adatile.com/a-guide-to-ada-compliance-in-canada/

Aira - Visual Interpreting

https://aira.io/

In this month’s podcast, Ryan and Becky discuss the world of loans, lines of credit and mortgages. They break down how interest works and the hidden fees and traps to look for.

The three main takeaways from the episode:

1) Shop around for loans. Different lenders will offer different rates

2) Make sure you are comparing apples to apples. Look for hidden finance fees and interest rate terms

3) Get overdraft protection or a line-of-credit if you can

Helpful Links:

Personal loans

https://www.canada.ca/en/financial-consumer-agency/services/loans/personal-loans.html

Lines of Credit: When to Use Them and When to Avoid Them

https://www.investopedia.com/articles/personal-finance/072913/basics-lines-credit.asp

Choosing a mortgage that is right for you

https://www.canada.ca/en/financial-consumer-agency/services/mortgages/choose-mortgage.html

Getting help from a credit counsellor

https://www.canada.ca/en/financial-consumer-agency/services/debt/debt-help.html

"In this month’s episode, Ryan and Becky dig into your credit report, credit score and credit cards. They discuss how a credit report is different than your credit score, and what you can do to improve both. From there they go on to the pros and cons of credit cards and how to choose the right one for you.

The three main take-aways from today’s episode:

1. Check your credit report

2. Be disciplined with your credit cards

3. Shop around for the credit card that’s right for you

To learn more, check out the following links:

2019 CBC Marketplace episode on credit scores: https://www.youtube.com/watch?v=5BsxZFrV4dU&t=92s

How do cybercriminals steal credit card information? https://www.techtarget.com/whatis/feature/How-do-cybercriminals-steal-credit-card-information

How credit cards work: https://www.canada.ca/en/financial-consumer-agency/services/credit-cards/credit-card-work.html"

Just in time for Halloween, Ryan and Becky pick up from their first Eyes On Your Money episode on banking to talk about the importance of making, and sticking to, a budget.

In “Don’t Be Afraid of Your Budget,” they focus on three main success factors when it comes to budgeting: talking about finances with the whole family, tracking all your expenses for one month, and the importance of paying yourself first while focusing on paying off high interest debt as soon as possible.

Tune into this second episode of Eyes On Your Money with Ryan and Becky. We promise your budget won’t look so scary!

Helpful links:

https://www.canada.ca/en/financial-consumer-agency/services/make-budget.html#toc2

https://bookkeepers.com/how-to-stick-to-budget/

In this brand-new monthly podcast, hosts Becky Armstrong and Ryan Chin shine a light on the confusing world of finance to help clarify the fundamentals and make it fun and accessible. In their first episode, Ryan and Becky introduce listeners to the Canadian banking system and will answer the question, "Why do I need a bank account anyway?"

They outline the banking system in Canada, provide explanations about the different types of banks, give examples of various types of accounts, and offer tips on how to set up your own account.

“Three percent of Canadians do not have a bank account and about 15% are under-served by their bank.”