The MapleMoney Show

A lot of us have been in this same situation, getting raises under 2% each year. You're likely not even keeping up with inflation, which means you're falling further behind every year.

Robb Engen from Boomer and Echo shares with us how he creates his own raise through his side hustles, selling things he no longer needs, and spending wisely with credit cards to gain free travel.

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

Our sponsor, Borrowell, allows you to find personalized product recommendations from credit cards, to mortgages and loans from trusted partners, tailored just for you. Head over to Borrowell to get your free credit score, and more at https://maplemoney.com/borrowell

The end of the year is coming to a close, but it's not too late to optimize your taxes to keep more of your income.

Janine Rogan runs us through her checklist of year-end tax tips to make sure you know what you can do now to get a bigger tax refund in the spring.

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

Smart Savings, by our sponsor Wealthsimple, is a better way to save. There are no-fees on deposits and withdrawals, and they offer higher interest rates than the big banks. You can find out more about Wealthsimple at https://maplemoney.com/wealthsimple

What's more important to you, time or money? It seems like we're constantly trying to find the balance when trading our time for money. What if we could create more of both?

Todd Tresidder from Financial Mentor, and the author of The Leverage Equation, shares the six types of leverage that can allow us to work less, make more, and cut years off our retirement plans.

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

Today's show is brought to you by our sponsors at Borrowell. Last month I received my Borrowell email saying, "Congratulations, your credit score has increased!" In the past, I'd fax, yes, fax in my request to get my free credit report by mail once a year. Now I get my report and score for free online, and these monthly updates are very motivating for any Canadians looking to improve their credit score. Get your free credit score at https://maplemoney.com/borrowell

Christmas is right around the corner and there's a price tag to a lot of the festive season. So how can we enjoy the holidays without burning through your credit card?

Peter Anderson from Bible Money Matters takes us through how much people are spending on Christmas and how budgeting for the holidays can make sure you don't have debt in the new year. Pete also drops a lot of great ideas for DIY Christmas gifts and decorations and how you can save money on holiday activities and shopping for presents.

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

You've heard me talk about today's sponsor Wealthsimple many times in the past, but they've been really busy in the past year, so I wanted to recap all the services they now offer to Canadians. First, there's Wealthsimple Invest, this is the robo-advisor they're known for, and my #1 overall pick for Canadian robo-advisor. Then there's Wealthsimple Save, a high-interest savings account. Next, they have Wealthsimple Trade coming out, which is stock trading with no commissions. Check out everything Wealthsimple offers at https://maplemoney.com/wealthsimple

Addictions of all kinds lead to problems with your relationships, career, and yes, also your money.

Beau Humphreys is a Canadian Personal Finance Coach and the host of The Personal Finance Show. Beau leads us through the story of his gambling addiction and how it affected his finances, plus how he was able to overcome his problems and how others can get help with addiction.

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

Did you know, on average, Canadians have over $24,000 in high-interest credit card debt? That's why our sponsor Borrowell offers low-interest personal loans online, up to $35,000! Thousands of Canadians have relied on Borrowell for their personal loans. The average Borrowell borrower saves $4,812 in interest. To see what you could qualify for, head on over to https://maplemoney.com/borrowell

Have you heard of FIRE yet? It's a movement to achieve Financial Independence so you can Retire Early.

But does FIRE mean you need to make six figures or live in an RV? Bob Lai, from the site Tawcan, comes on the show to discuss what FIRE really means and how it applies to Canadians.

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

Are you ever unsure about how much room you have left for RRSP contributions? Our sponsor, Wealthsimple, has an RRSP tracker that takes into account your salary, adjusts for any raise you get, plus the contributions already made to your RRSP and employer plans. Find out more at https://maplemoney.com/wealthsimple

We've talked before about various ways to make money on the side, but how do you succeed at making a few extra dollars while not interfering with your day job?

Robert Farrington runs a site called The College Investor, and he grew his side hustle into an impressive business all while still holding down a day job in the retail sector. He shares how he was able to do this and gives tips to help others balance a job, a side gig, and family.

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

Today's show is sponsored by our friends at Borrowell! I use Borrowell myself to check my credit score and credit reports each month. Having a good credit score can help you get a better mortgage rate and lower insurance rates. It may even help you land that dream apartment, as most landlords now ask for a credit score and report! Get your free credit score in under 3 minutes https://maplemoney.com/borrowell

Networking. It isn't about shoving your business card in everyone's face. Whether you're out for coffee with a coworker or neighbour, or at an industry conference, these tips will help you build meaningful, lasting connections that are worth much more than that stack of business cards from people you barely recall meeting.

Speaking of conferences, this episode is live from FinCon18, a conference for those of us in the money niche. Joining me on stage are Miranda Marquit and Kyle Prevost, both are past guests of the MapleMoney Show, but the reason I brought them on was to have a Money Mastermind Show reunion, a podcast we had a few years ago that I always explained as "The View, for personal finance." http://moneymastermindshow.com/

You can find the show notes for this episode at https://maplemoney.com/fincon18

Do you have a larger portfolio that's being dragged down by the fees that are typical with mutual funds? Have a look at Wealthimple Black, from our sponsor, Wealthsimple. For portfolios over $100,000, Weathsimple drops the fee down to 0.4%, gives you access to financial planning and tax-loss harvesting. They even throw in airport lounge access. Check them out at https://maplemoney.com/wealthsimple

A lot of people aren't happy with their financial situation, but they're not sure what they can so about it. My guest this week knows how you can create your own luck with money.

Grant Sabatier went from completely broke to financially independent in 5 years. He'll share with us how he was able to get a raise, start a business, and achieve financial freedom.

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

Today's show is brought to you by our sponsors at Borrowell. I love their mission: to help Canadians make great decisions about credit! They've taken a product that used to be $23 a month and made it absolutely free. If you haven't already, head on over to https://maplemoney.com/borrowell

Would you like to work from home? Becoming a virtual assistant can be a great way to make money online. To find out more about this career choice, I brought on Kayla Sloan, who has been earning a great living as a virtual assistant and now she helps others start their own virtual assistant business. You can find the show notes for this episode at https://maplemoney.com/kaylasloan I wanted to let you know about Wealthsimple Trade, a new offering from our sponsor Wealthsimple. Trade will let you buy and sell over 8,000 stocks and ETFs commission-free. You can find out more at https://wealthsimple.com/trade