It's Personal Finance Canada

As a kid I related to “A Christmas Story” but as I get older I find myself living in “Christmas Vacation.” This week we end the year and recap our most popular episodes of 2024, and expand on our best tips. Spoiler alert the most popular ones almost all have money in the title, who would of guessed that.

If you live in British Columbia, Alberta, Saskatchewan,

DIY Investing at: https://get.modernadvisor.ca/braun-financial/

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Obey… Consume… Subscribe. This week we talk about the power of following the herd and how it can impact your financial decisions. Why does your brain want you to fit in with others even when it means rejecting reality, and how we can mitigate the stresses that lead to bad choices. Sunglasses and bubble-gum not included.

If you live in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario or Yukon let us help you take care of the people you love and visit braunfinancial.com 

DIY Investing at: https://get.modernadvisor.ca/braun-financial/

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

He’s checking his list, checking it twice, gonna find out

If you live in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario or Yukon let us help you take care of the people you love and visit braunfinancial.com 

DIY Investing at: https://get.modernadvisor.ca/braun-financial/

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

This week we talk about the pros and cons of the First Home Savings plan and how it can work with other programs to help you buy your first major debt burden. When is an FHSA better than the RRSP Home Buyer plan, how much is really available and more ways to avoid the bank of mom and dad.

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

DIY Investing at: https://get.modernadvisor.ca/braun-financial/

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

Useful Resources:

Gov website for FHSA: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/first-home-savings-account.html

I must not fear. Fear is the wallet-killer. Fear is the little debt that brings financial obliteration. I will face my fear and I will permit it to pass over me and through me. This week we learn how Tim Ferriss uses “Fear Setting” to help him take control of his life. Learn the simple strategy of Define, Prevent, Repair and avoid procrastination and failure in your own life.

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

DIY Investing at: https://get.modernadvisor.ca/braun-financial/

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

Useful Resources:

Tim Ferriss Article/TED talk: https://tim.blog/2017/05/15/fear-setting/

Audio now fixed.

This week we give our opinion on a recent Globe & Mail article about the Fire movement and being inflation proof. The benefits of owning vs. renting, matching expenses to income sources and preparing for the future are the keys to financial success.

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

DIY Investing at: https://get.modernadvisor.ca/braun-financial/

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

Useful Resources:

Globe & Mail Article: https://www.theglobeandmail.com/investing/personal-finance/retirement/article-yes-fire-is-inflation-proof-heres-how-not-buying-a-home-helps-shield/

What goes up must come down, except for taxes of course. This week we make sense of the most recent rate cut by Bank of Canada and what that means for your wallet. Plus we look at contributing factors such as recent GDP and inflation numbers to see how healthy our economy actually is.

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

DIY Investing at: https://get.modernadvisor.ca/braun-financial/

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

Useful Resources:

Bank of Canada Press Release: https://www.bankofcanada.ca/2024/10/fad-press-release-2024-10-23/

And to my loved ones, “You get nothing, you loose, good day sir!” This week Christine shares valuable tips from a recent Estate Planning conference that she attended. Why are wills important, how to make life easier for beneficiaries and a host of different strategies to pass on wealth with less hassle.

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

DIY Investing at: https://get.modernadvisor.ca/braun-financial/

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

When I was young I played a computer game called “Lemmings,” little did I know then, it was a documentary. This week we talk about several ways investors follow others off the proverbial cliff into the gaping maw of the stock market. Perils such as selling at the bottom, timing the market, and miscalculating the role of human behavior all come with a great financial cost.

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

DIY Investing at: https://get.modernadvisor.ca/braun-financial/

Turns out the story of the Tortoise and the Hare was about investing all along. This week we’ve collected some of the best advice from Warren Buffet and see if everyday people like us can also succeed in investing. Hear personal tips like investing in yourself and how all of that plays into building a mentality based on patience and properly understanding what your are investing in.

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

DIY Investing at: https://get.modernadvisor.ca/braun-financial/

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