The MapleMoney Show

I ran across an interesting stat from Zolo recently. It said that while 79% of Canadians are confident in their ability to make ends meet, 79% would run out of money within 3 months if they lost their job. There seems to be a contradiction there, so I asked my guest this week for her perspective.

Romana King is an award-winning personal finance writer, a real estate expert, and the Director of Content for Zolo, the largest independent real estate marketplace in Canada. I sat down with Romana recently to talk about financial literacy, and how confident Canadians really are in their money management skills.

You can find the show notes for this episode at https://maplemoney.com/127

Our sponsor, Wealthsimple, believes that financial independence should be available to anyone. That's why they have no account minimums, meaning that you can get started investing for as little as one dollar. Don't delay any longer; invest online by visiting https://maplemoney.com/wealthsimple today.

If you're anything like me, you've already begun to plan your first post-pandemic vacation. And if there's one thing that COVID won't change, it's that travel will still be expensive, especially if you have a large family.

Kevin Payne is a freelance personal finance writer and the budget and family travel expert behind Family Money Adventure. He lives in Cleveland, Ohio, with his wife and four kids. He joins me this week to share tips on travelling with a large family and explain how he uses travel rewards to save money.

You can find the show notes for this episode at https://maplemoney.com/126

Did you know that 57% of Canadian adults don't have a will? Willful has made it more affordable, convenient, and easy for Canadians to create a legal Will and Power of Attorney documents online from the comfort of home. In less than 20 minutes and for a fraction of the price of visiting a lawyer, you can gain peace of mind knowing you have a plan in place to protect your children, pets, and loved ones in the event of an emergency. Get started for free at https://maplemoney.com/willful and use promo code MAPLEMONEY to save 15%

Have you ever wondered how some people can walk away from their careers years, even decades, before the traditional retirement age?

My guest this week did just that, almost twenty years ago. Today, he and his wife remain financially independent, having survived three separate recessions. Doug Nordman is the author of the book, "The Military Guide to Financial Independence and Retirement" and founder of TheMilitaryGuide.com. He joins me on the show to share his financial independence story

You can find the show notes for this episode at https://maplemoney.com/125

Do you prefer to invest in socially responsible companies? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, cleantech, human rights, and the environment. To get started with Socially Responsible Investing, head over to https://maplemoney.com/wealthsimple today!

My guest this week is Sa El, the co-founder of Simply Insurance and a licensed Insurance Agent with over 11 years of experience in the industry. Sa joins me to discuss the differences between term and whole life insurance, and why insurance is so important for your family.

You can find the show notes for this episode at https://maplemoney.com/124

This episode of The MapleMoney Show is brought to you by Willful. Did you know that 57% of Canadian adults don't have a will? Willful has made it more affordable, convenient, and easy for Canadians to create a legal will and Power of Attorney documents online from the comfort of home. In less than 20 minutes and for a fraction of the price of visiting a lawyer, you can gain peace of mind knowing you've put a plan in place to protect your children, pets and loved ones in the event of an emergency. Get started for free at https://maplemoney.com/willful and use promo code MAPLEMONEY to save 15%.

Buying your first home can be a daunting experience. There's so much to think about, from finding a realtor to getting approved for a mortgage. And it's never been harder to save for a down payment. This week's guest knows all about the home buying process, and she's here to help make things a little easier.

Lauren Haw is the CEO and Broker of Record of Zoocasa. This award-winning brokerage uses technology and a team of top real estate professionals to deliver full-service real estate to Canadians.

You can find the show notes for this episode at https://maplemoney.com/123

Our sponsor, Wealthsimple, believes that financial independence should be available to anyone. That's why they have no account minimums, meaning that you can get started investing for as little as one dollar. Don't delay any longer; invest online by visiting https://maplemoney.com/wealthsimple

Most investors see bonds as a safe place to put their money, but according to my guest this week, conventional wisdom may be deceiving.

Ed Rempel is a popular blogger, fee-only full-service financial planner, and tax accountant, who wants to help you achieve financial freedom. Ed has spent the past 27 years helping thousands of Canadians become financially secure, and he joins us this week to explain why investing in bonds can actually put your portfolio at risk.

You can find the show notes for this episode at https://maplemoney.com/122

Did you know that 57% of Canadian adults don't have a will? Willful has made it more affordable, convenient, and easy for Canadians to create a legal will and Power of Attorney documents online from the comfort of home. In less than 20 minutes and for a fraction of the price of visiting a lawyer, you can gain peace of mind knowing you've put a plan in place to protect your children, pets and loved ones in the event of an emergency. Get started for free at https://maplemoney.com/willful and use promo code MAPLEMONEY to save 15%.

Have you avoided investing in real estate because it seems too costly and complicated? My guest this week explains how you can own real estate in Canada's biggest cities for as little as $2500.

Khushboo Jha is the CEO of BuyProperly, a platform for fractional investing in real estate that makes it possible for regular folks to be real estate owners through fractional ownership of properties. In this episode, Khushboo explains exactly how fractional real estate investing works, and who should consider adding it to their portfolio.

You can find the show notes for this episode at https://maplemoney.com/121

Do you prefer to invest in companies that are socially responsible? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, clean tech, human rights, and the environment. To get started with Socially Responsible Investing, head over to https://maplemoney.com/wealthsimple

How much debt do you think you could rack up this weekend? It took my guest this week, 72 hours to spend $26,000. He's here to tell us how it happened, but more importantly, how he got out of debt, using a simple, 4-step plan.

Marcus Garrett is an entrepreneur, motivational speaker, and author of the book, Debt Free or Die Trying. Marcus draws on both his professional and personal experience to help others build a plan to get out of debt.

You can find the show notes for this episode at https://maplemoney.com/120

Did you know that 57% of Canadian adults don't have a will? Willful has made it more affordable, convenient, and easy for Canadians to create a legal will and Power of Attorney documents online from the comfort of home. In less than 20 minutes and for a fraction of the price of visiting a lawyer, you can gain peace of mind knowing you've put a plan in place to protect your children, pets and loved ones in the event of an emergency. Get started for free at https://maplemoney.com/willful and use promo code MAPLEMONEY to save 15%.

The Canadian Financial Summit starts October 15th. This is a virtual summit, and features many of Canada's top experts in the personal finance and investment communities, including yours truly. If you'd like free tickets to the entire summit, head over to https://maplemoney.com/summit and sign up today.

If you're like me, you've spent plenty of money shopping online over the years, on sites like eBay and Amazon. But have you ever considered making money by reselling products online? That's what this week's guest does, and he's here to tell us more about a very unique side hustle.

Jason Butler is the owner of My Money Chronicles, a website where he discusses personal finance, side hustles, travel, and more. Jason graduated with a BA in Marketing, and has been featured in Forbes, Discover, and Investopedia. On the show, Jason explains how he got his start reselling items on eBay, and why he prefers it over other side hustles he's tried in the past.

You can find the show notes for this episode at https://maplemoney.com/119

Our sponsor, Wealthsimple, believes that financial independence should be available to anyone. That's why they have no account minimums, meaning that you can get started investing for as little as one dollar. Don't delay any longer, invest online by visiting https://maplemoney.com/wealthsimple

The Canadian Financial Summit starts October 15th. This is a virtual summit, and features many of Canada's top experts in the personal finance and investment communities. If you'd like free tickets to the entire summit, head over to https://maplemoney.com/summit and sign up today.

In recent years, the FIRE movement, which stands for Financial Independence, Retire Early, has found popularity with millennials across Canada and the US. But this extreme version of early retirement requires a very high savings rate for an extended period of time, which begs the question: Has the COVID-19 pandemic derailed the retirement dreams of FIRE enthusiasts?

To find out, I reached out to Bob Lai, a popular FIRE blogger based in Vancouver. Bob and his wife are planning to retire early within the next 10 years, so I was interested to get his perspective and find out how COVID-19 has affected their FIRE plans.

You can find the show notes for this episode at https://maplemoney.com/118

Did you know that 57% of Canadian adults don't have a will? Willful has made it more affordable, convenient, and easy for Canadians to create a legal will and Power of Attorney documents online from the comfort of home. In less than 20 minutes and for a fraction of the price of visiting a lawyer, you can gain peace of mind knowing you've put a plan in place to protect your children, pets and loved ones in the event of an emergency. Get started for free at https://maplemoney.com/willful and use promo code MAPLEMONEY to save 15%