Money Makes It Weird

We're in a unique time right now.

There's a major wealth shift that's about to happen. Each generation is looking at money in a completely different way. Each generation is learning about money in a completely different way.

How do we have the tough conversations about money with each other?

This week, Certified Financial Planners Chris Fox and Joanne Miechowicz sit down to talk about the money generational divide and how each member of the family can sit down and cross it.

To learn more about Chris and Joanne, visit http://foxfinancial.ca

Life happens. Kids, divorce, deaths in the family. When that happens, not only does it take an emotional toll on you and your family, it can take a financial toll on your family. Your financial and retirement plan might need to make a change.How do you handle it? How do you speak to your financial planner about it?Today, Financial Planner Chris Fox from Fox Financial and IPC Wealth shares his insight into how to handle the money side of these life moments with ease and dignity. To learn more about Chris and his team, visit http://foxfinancial.ca

In this episode of Money Makes It Weird, Certified Financial Planner Chris Fox of Fox Financial and IPC dive into the realities of balancing family life with financial stability.Raising a child is a significant financial commitment, and it is easy for new parents to feel overwhelmed by the costs, from early childhood gear to teenage expenses. We break down the estimated costs of raising a child in Canada and explore how to build a budget that doesn't sacrifice your future nest egg.Whether you are wondering about RESPs, estate planning, or how to involve grandparents in education savings, this discussion provides actionable advice for families at every stage. We also address the complex transition of managing household income shifts and protecting your family's future with proper insurance and will updates. To learn more about Chris and his team, visit http://foxfinancial.ca

In this episode of Money Makes It Weird, Chris Fox of Fox Financial and IPC dig into the growing trend of 'grey divorce'—couples 55 and older choosing to separate later in life.While divorce is an emotional hurdle at any age, the financial implications shift drastically when you are nearing or already in retirement.We discuss why this demographic is seeing an increase in separations, how the division of assets like pensions and family homes affects your long-term retirement plan, and the critical importance of updating your estate planning.Whether you are an empty nester or someone navigating a major life transition, this discussion provides insights into why your original retirement strategy needs an immediate adjustment. We explore how to handle sudden financial changes, the impact of market fluctuations on divorce settlements, and why having a professional roadmap is essential. Learn how to rebuild your financial independence and gain clarity on your future, even when life throws significant curveballs your way.To learn more about Chris and his team, visit http://foxfinancial.ca

In this episode of Money Makes It Weird, host Matt Hayes and Certified Financial Planner Chris Fox sit down to debunk persistent money myths that often circulate at backyard barbecues.

Many people believe the Canadian Pension Plan (CPP) will run out before they retire, or that they can successfully 'time the market' to maximize their gains. We tackle these concerns head-on, using facts and data to explain why a disciplined approach to your retirement planning is far more effective than following rumors or trying to outsmart the market.

We also discuss why younger generations are actually in a prime position to start investing, despite current economic challenges like inflation and higher costs of living.

Whether you are in your 20s just starting your career or nearing retirement, this discussion provides actionable advice on the power of compounding, the importance of starting early, and how to build a resilient financial future. Discover the truth behind these financial fallacies and learn how to focus on a process-driven strategy for long-term wealth growth.0:00: Introduction: Busting Financial Myths1:52: Is the CPP Actually Going to Run Out?6:30: Taking CPP: Early, Late, or Right on Time?8:31: The Myth of Timing the Market11:58: Process vs. Speculation in Investing13:55: Why Young People Should Start Saving Now16:35: Generational Wealth Challenges Explained25:35: How to Build Your Financial Plan TodayTo learn more about Chris and his team, visit http://foxfinancial.ca

Money disputes are one of the leading causes of relationship strain and, in some cases, separation. In this episode of 'Money Makes It Weird,' hosts Matt Haze and Certified Financial Planner Chris Fox break down the uncomfortable but necessary financial discussions every couple needs to address before getting married. From aligning your 'money lifestyle' and spending habits to setting a realistic budget and planning for a shared retirement, we explore the foundations of financial intimacy. To learn more about Chris and his team, visit http://foxfinancial.ca

Fox Financial has a new team member! In this episode of Money Makes It Weird, Certified Financial Planner Chris Fox introduces you to the newest team member, Joanne Miechowicz !Joanne shares her background in the financial industry, how she and Chris first crossed paths at IPC, and what brought them back together to form this new partnership.Plus, we put Chris and Joanne to the test with the "Advisor Newlywed Game" — finding out how well they really know each other after six months of working side by side. We're talking pizza orders, lottery wins, board game cheating confessions, and more.Chris and Joanne also share some heartfelt client stories that remind us why financial planning is really about people, not just portfolios.Learn more about the Fox Financial team at http://foxfinancial.ca

We're mixing personal finance stories with real guidance this week: the return of the truck refinancing saga, key reminders for tax season, a deep dive into whether $2.4M could fund an early retirement, and what to look for when evaluating financial advisors.To learn more about Chris and his team, visit http://foxfinancial.ca

Death isn’t exactly dinner-table conversation. But when it comes to your money, avoiding the topic can make things very weird for the people you leave behind.In this episode of Money Makes It Weird, Matt Hayes sits down with Certified Financial Planner Chris Fox of Fox Financial and IPC Investments to talk about one of the most overlooked parts of personal and retirement finance: estate planning.Inspired by a Reddit thread about building an “I’m Dead Folder,” they break down what Canadians actually need to have in place — from wills and executors to power of attorney, digital passwords, and keeping your financial life organized for your family.Three Major Takeaways You Need to Know:

• Every Canadian with assets should have a will — without one, the courts decide how your estate is distributed, and the process can become long, expensive, and stressful. 
• Power of attorney matters just as much as a will — incapacity is often more likely than death, and proper healthcare and financial directives protect your family.
• Create an “I’m Dead Folder” with accounts, passwords, and key documents — organizing your financial and digital life now makes things far easier for your executor and loved ones later.

To learn more, visit http://foxfinancial.ca

This week on the podcast, Chris Fox from Fox Financial and IPC solves strangers’ money math in real time! Chris crunches the numbers for strangers, how not everyone wants the same things from money, and somehow end up reminiscing about life before Google. It’s a fun, relatable episode for anyone navigating money and modern life.

To learn more about Chris and his team, visit http://foxfinancial.ca