The MapleMoney Show

Have you ever dreamed of checking off items from your bucket list, but felt like you just didn't have the time or the money to make the dream a reality?

My guest this week spent years struggling to find free time and extra money for herself. That is, until she figured out how to reclaim her schedule and infuse more affordable bucket list experiences into everyday life.

Karen Cordaway is the author of The Everyday Bucket List Book, and she joins me right here on The MapleMoney Show, to help me and you with our own lists.

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

There was a time when getting a copy of your credit report was a major hassle, and would cost money as well. That ís no longer the case, thanks to our sponsor, Borrowell. They will send you an updated credit report each month, and share tips on how you can improve your credit. To get your free credit report, head to https://maplemoney.com/borrowell

Your mortgage is likely the biggest debt you'll take on in your life, and it can delay your retirement savings. But what if you could convert your mortgage into a tax-deductible loan and start saving for retirement a couple decades earlier? That's exactly where the Smith Manoeuvre comes in.

Robinson Smith is president of Smith Consulting Group Ltd and the son of Smith Manoeuvre creator, Fraser Smith. Robinson is the expert in the Smith Manoeuvre so it was a no brainer to bring him on the show for this topic.

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

The biggest myth about robo-advisors is that it's all tech and you're on your own. Are you curious about moving over but have some questions? Thanks to our sponsor Wealthsimple, you can book a 15-minute call with an experienced Portfolio Manager. To book your call, head over to https://maplemoney.com/wealthsimplechat

As Canadians, do we need to buy a house, stick to the same career, and only travel during our few weeks of vacation? Or could we shun homeownership while investing the majority of our income, to retire early and travel the world?

Kristy Shen and Bryce Leung from Millenial Revolution were able to quit their jobs and now live in countries where the cost of living is less than the dividends they earn from their portfolio. They join the show to help dispel the myths around this type of lifestyle.

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

Have you checked out our sponsor Borrowell's mobile app? It makes checking your financial health even easier. The app includes Molly, Canadaís first AI-powered Credit Coach, who will make it easy to understand your credit score and give you great tips and product recommendations. To sign up, go to https://maplemoney.com/borrowell

Ah, the internet, where everyone has an opinion and people get advice from anonymous strangers. But it doesn't have to be all bad if you know the right questions to ask and have the right level of skepticism to not blindly accept the replies when it involves your personal finances.

Joe Saul-Sehy, the founder of Stacking Benjamins and Money With Friends, gets out of the basement to join the show to discuss how we can use the internet and make the most of forums, social media, and Facebook groups.

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

I've talked about robo-advisors often on the show and over at the blog as well. Especially our sponsor Wealthsimple. But I get it's a new option and you might have some questions. Wealthsimple now lets you book a 15-minute call with an experienced Portfolio Manager, with no obligation to set up an account. To see if robo-advisors make sense for you, head over to https://maplemoney.com/wealthsimplechat

How much are your investments costing you? Investors and a lot of the investment offers out there like to talk about past returns, but that's not a great indicator of future returns and on average, by definition, you're just as likely to underperform the market as you are to beat it. But it gets worse, because of fees, which take that hopefully at least average return and start dragging it down and potentially costing you hundreds of thousands by the time you retire.

Dean Kendall joins us today to discuss all the fees you might be getting nailed with and how to deal with them. Dean is a Financial Organizer and author of the aptly titled book, Stop Paying Hidden Investment Fees!

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

Our sponsor Borrowell recently launched their mobile app, which makes checking your financial health even easier. The app includes Molly, Canada's first AI-powered credit coach, who will make it easy to understand your credit score and give you great tips and product recommendations. To sign up, go to https://maplemoney.com/borrowell today.

There are lots of ways to make a little money on the side, especially in this digital age. We've covered a few in more generalized episodes, but I want to dive into one of the opportunities this week.

Bobby Hoyt started Millennial Money Man after paying off $40,000 in student loans, but what I found interesting is that he grew his site with Facebook ads and also ran a digital marketing agency to help other businesses get customers through Facebook. Today, Bobby is joining us to go through how you can start your own Facebook side hustle and make decent money once you land that first client.

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

To check out Bobby's course, head over to https://maplemoney.com/facebooksidehustle

Robo-advisors have really revolutionized the investing market over the last few years, but it's a new concept and you might have some questions. Thanks to our sponsor, Wealthsimple, you can book a 15 minute, no obligation call with an experienced Portfolio Manager. To book your call, simply head over to https://maplemoney.com/wealthsimplechat

Have you recently caught financial independence fever? Or maybe like I did, you hit a point where you've realized you need to change your spending and increase your income. That's great, but that doesn't mean everyone in your household will have that same epiphany at the same time.

Andy Hill is the host of the Marriage, Kids and Money Podcast, and he joins us to share how he got his wife interested in working towards financial independence and how he got his children learning some great money habits too.

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

Borrowell's mission is to help Canadians make great decisions about credit! to do that, they've taken a product that used to be $23 a month and made it totally free. To get your free credit score, free credit report, and continual monitoring, head over to https://maplemoney.com/borrowell

One of our favourite things to talk about in Canada is the extraordinary cost of real estate, especially in Toronto and Vancouver. But who says you need to be locked into a mortgage, or even a location?

Nick True from Mapped Out Money lives full time in an RV. And it's not just him, his wife and four pets are also packed into their Airstream! Keep listening for the pros and cons and how he makes it all work.

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

Are you curious about robo-advisors but have some questions? Thanks to our sponsor, Wealthsimple, you can book a 15 minute, no obligation call with an experienced Portfolio Manager. To book your call, simply head over to https://maplemoney.com/wealthsimplechat

If you've been listening to the podcast for a while, and certainly if you've been reading the blog, you'll know I'm a big fan of using credit cards responsibly as a tool to earn rewards, build credit, and protect your purchases and travel. However, some people in our personal finance circles believe the best way to become debt free and stay that way is to not allow yourself to have such easy access to spending and debt.

Steve Stewart is the editor behind the MapleMoney Show and we're in great company as he also edits podcasts like Stacking Benjamins, Choose FI, and Afford Anything. Steve became debt free and a big part of that was avoiding credit cards. Steve shares his story today and gives some great rebuttals to my examples of times we might need a credit card.

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

In this episode, Steve mentions the importance of checking our credit reports for signs of fraud and other errors. Our sponsor Borrowell provides free credit reports so you can ensure it's correct and take steps to fix it if needed. To get your free credit report, head over to https://maplemoney.com/borrowell

More and more, it's becoming a dream of people to escape the cubicle and live the life they want. Now, there's nothing wrong with the traditional career path to retirement, but I want to show there are other options that are possible.

Paula Pant from Afford Anything did just this, so today we'll walk through how she was able to quit her job and travel the world. Then when she came back, she decided that the regular 9-5 wasn't going to work for her and created the lifestyle she wanted.

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

You've heard me talk a lot about Wealthsimple, but the biggest myth about robo-advisors is that it's all tech and you're on your own. Are you curious about moving over but have some questions? You can now book a 15-minute call with an experienced Wealthsimple Portfolio Manager. To book your call, simply head over to https://maplemoney.com/wealthsimplechat