It’s our last episode of 2022 and this week we talk all about Christmas spending in Canada! That’s right we go over where your hard earned dollars go each holiday season and what experts are predicting for this year. We also go over the true meaning of Christmas, presents, or rather how we are buying less of them and spending more time with those we love, bad for the economy but good for the heart.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Useful Resources:

Stats Canada 2018 report on Canadian’s Christmas spending: https://www.statcan.gc.ca/en/dai/smr08/2018/smr08_228_2018

Deloitte’s 2022 Holiday Retail Outlook: https://www2.deloitte.com/ca/en/pages/strategy/articles/holiday-retail-outlook-2022.html

This week we go through the topics that come up most often with our clients this time of year. That’s right its time for holiday cheer, tax loss selling, RRSP top ups, Christmas shopping, TFSA contribution room increases and so many other jolly year end matters that we need to tie up with a bow before 2023 comes rolling in.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Enough is enough, or is it not enough?!? This week we trek through "The Psychology of Money" by Morgan Housel and talk about how we were raised around money impacts our future, determining the filters we use to determine what is enough money or happiness in our lives and how what we want changes as time goes on.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

It's our one-year anniversary episode. This week we dig deep into Ray Dalio's understanding of the Big Debt Cycle and find out how learning from the past can help us prepare for the future, or really the present the way things are going right now. We tackle the good days, the mad rush to by "anything" others tell us to, the peak and on through to the depression, fiscal intervention and how we can get back to a sense of economic normalcy once again, all with our own patented* Canadian perspective.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Useful Resources:

Where to get the free (well the cost of your email address) book we referenced by Ray Dalio: https://economicprinciples.org/

Canada's 2021 federal election results: https://www.elections.ca/enr/help/national_e.htm

This week we talk all about the Bank of Canada and how it makes the big decisions which impact your life. From monetary policy, interest rates to inflation protection we peel back the curtain of mystery and see how the great fiscal machine actually operates.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Useful Resources:

Bank of Canada Monetary Policy Report October 2022: https://www.bankofcanada.ca/2022/10/mpr-2022-10-26/

Our renewed monetary policy framework (Dec 2021 – 2021-2026):  https://www.bankofcanada.ca/core-functions/monetary-policy/monetary-policy-framework-renewal/

Framework for Conducting Monetary Policy at Low Interest Rates Dec 2015 (aka Christine’s most and least favorite 4 page PDF): www.bankofcanada.ca/wp-content/uploads/2015/12/framework-conducting-monetary-policy.pdf 

Our life is the culmination of the habits that we adopt. This week we talk about the power of habits and how they can shape not only your life but your financial future as well. Drawing from Christine's "Why is this baby still up at 4am book club," we look into the advice from "The Power of Habit" by Charles Duhigg and "Atomic Habits" by James Clear and see how they can help us.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Christine's "Why is this baby still up at 4am Book Club" continues as she delves into the Millionaire Next Door by Thomas J. Stanley. This week we talk about how often the rich don't use their wealth to impress others but instead fulfill their goal of personal financial freedom. It is the little things we do and don't do that help us follow the author's seven common denominators among those who've  successfully built their own wealth and financial freedom.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com 

Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Useful Resources:

Two good articles from the author's blog: https://themillionairenextdoor.com/2010/08/how-wealthy-should-you-be/ & https://themillionairenextdoor.com/2009/12/the-low-profile-millionaire-next-door/

It's time for another edition of Christine's "Why is this baby still up at 4am Book Club." This week we review the core concepts of the personal finance classic "Rich Dad Poor Dad" by Robert Kiyosak. We see if these ideas can still work for you today and how find out how much of the book is applicable for Canadians.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com

This week we talk about all of the in's and out's of having a Group RRSP plan and how it can benefit you and your retirement. Everything from qualification, matched contributions and how employers can use then to better support their staff is covered, along with a few cautions to be aware of. But fear not as we pull back the cloak of mystery surrounding Group RRSP’s.

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com

This week we continue our look into different investment styles and the most famous investors behind them. Everything from Contrarian, Growth and Adaptive investing are looked at along with how they have been successful. We then cap it off by talking about how you can determine which style (or combination of) could be best for you.

If you want to join Christine's "Why is this baby still up at 4am Book Club" you can follow along by reading "Principles of Dealing With the Changing World Order" BY Ray Dalio!

If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com