Your Everyday Rich

Welcome to another episode of "Your Everyday Rich" podcast. 

In this episode, Jason and Jennifer chat about debt and strategies for dealing with it.

Having debt is pretty common even though we were taught to never take on debt, good or bad.  Regardless of what you borrowed the money for, debt can be really overwhelming especially when you’ve taken on too much AND the societal norms around debt are often viewed so negatively.  But fear not, because there are ways to deal with it and help you stay out of the bad debt that doesn’t help you.  They cover the 3 ways you can manage your debt in this episode.

Why do these conversations matter? They matter because these convos are happening behind closed doors and we want them to be front and centre so you can be empowered to achieve financial success.  You don’t know what you don’t know but we are here to change that and provide you with the info, insight, and tips you can use to make the best decisions around your money and investing so that it is built around Your Everyday Rich life. 🚀

In this episode we chop it up about:

Follow Jason and Jenn’s social media:

Jason’s Instagram: ⁠https://www.instagram.com/mrjasonkao⁠

Jenn’s Instagram: ⁠https://www.instagram.com/jennfahh27⁠

Your Everyday Rich instagram ⁠https://www.instagram.com/youreverydayrich⁠

Youtube: ⁠https://www.youtube.com/@youreverydayrich⁠

DM us or leave a comment to get exclusive access to our NETWORTH calculator! 📲📩⌨️

Listen on:

Apple:⁠ ⁠⁠https://podcasts.apple.com/us/podcast/your-everyday-rich/id1676179014\⁠

Spotify: ⁠https://open.spotify.com/show/1JHf9dfrh1xrQ8on5sPQIg⁠

Disclaimer

Your Everyday Rich Podcast is presented solely for general informational, educational, and entertainment purposes. Any such information or other material referenced in this podcast should not be construed as legal, tax, investment, financial, or other advice. It is not intended as a substitute for the advice of a qualified professional.

Welcome to another episode of "Your Everyday Rich" podcast. 

In this episode, Jason and Jennifer chat to Taki Wong.  He’s a 25 year old working in the tech world who recently bought his first home, and get this… practically lives mortgage free.  That’s right… mortgage free.  After seeing the power of what real estate did for his immigrant parents during his childhood, he was keen on starting his portfolio.  But with bidding wars still going on, real estate prices at all time highs, and a strong desire to not be house poor, he knew there was only one way he could afford to do so …. House hack.

While house hacking isn’t a new concept, it turns your primary residence from a liability into a cash flowing asset.  Taki blends patience and fundamentals in his house hacking venture.  He goes into the criteria that he stuck to which helped him avoid overpaying, and actually getting his house below list in a hot market.  Taki also hopes to leverage technology to tokenize housing to provide affordable housing to less fortunate people.  And did we say he’s only 25 years old??

Why do these conversations matter? They matter because these convos are happening behind closed doors and we want them to be front and centre so you can be empowered to achieve financial success.  You don’t know what you don’t know but we are here to change that and provide you with the info, insight, and tips you can use to make the best decisions around your money and investing so that it is built around Your Everyday Rich life. 🚀

In this episode we chop it up about:

Follow Jason and Jenn’s social media:

Follow Taki’s social media:

DM us or leave a comment to get exclusive access to our NETWORTH calculator! 📲📩⌨️

Listen on:

Apple:⁠ ⁠⁠https://podcasts.apple.com/us/podcast/your-everyday-rich/id1676179014\⁠

Spotify: ⁠https://open.spotify.com/show/1JHf9dfrh1xrQ8on5sPQIg⁠

Disclaimer

Your Everyday Rich Podcast is presented solely for general informational, educational, and entertainment purposes. Any such information or other material referenced in this podcast should not be construed as legal, tax, investment, financial, or other advice. It is not intended as a substitute for the advice of a qualified professional.

Welcome to another episode of "Your Everyday Rich" podcast. 

In this episode, Jason and Jennifer share how they got into real estate investing (REI). Why even think about real estate investing? What spurred the idea? Who started the convo? What fears and reservations they had.  What and who ultimately helped them get their foot in the door.  What they did along the way and how it's been so far.  They talk about the steps they took to learn about real estate investing and their experience on their first rental property.

Why do these conversations matter? They matter because these convos are happening behind closed doors and we want them to be front and centre so you can be empowered to achieve financial success.  You don’t know what you don’t know but we are here to change that and provide you with the info, insight, and tips you can use to make the best decisions around your money and investing so that it is built around Your Everyday Rich life. 🚀

In this episode we chop it up about:

*We got our kids all mixed up lol, turns out Josh was almost 4, while Jeremy was just born a few months before. No sleep #parentlife

Follow Jason and Jenn’s social media:

Jason’s Instagram: ⁠https://www.instagram.com/mrjasonkao⁠

Jenn’s Instagram: ⁠https://www.instagram.com/jennfahh27⁠

Your Everyday Rich instagram: ⁠https://www.instagram.com/youreverydayrich⁠

Youtube: https://www.youtube.com/@youreverydayrich

DM us or leave a comment to get exclusive access to our NETWORTH calculator! 📲📩⌨️

Listen on:

Apple:⁠ ⁠⁠https://podcasts.apple.com/us/podcast/your-everyday-rich/id1676179014\⁠

Spotify: ⁠https://open.spotify.com/show/1JHf9dfrh1xrQ8on5sPQIg⁠

Disclaimer

Your Everyday Rich Podcast is presented solely for general informational, educational, and entertainment purposes. Any such information or other material referenced in this podcast should not be construed as legal, tax, investment, financial, or other advice. It is not intended as a substitute for the advice of a qualified professional.

Welcome to another episode of "Your Everyday Rich" podcast. 

In this episode, Jason and Jennifer chat to Gordie and Brit who are the dynamic duo of Team Grit Properties.  Together they acquired 4 long term rental properties back to back to back to back and along the way pivoted hard left due to the fast changing real estate market and rising interest rates.  But that didn’t stop them from figuring out ways to make their real estate portfolio work for them, even if it meant more work for them upfront so that it could build their future everyday rich.  Better yet, they figure it out by working to each of their strengths and share how they built a pretty kick ass team to help them. Without killing each other in the process.  

The group also keep it real and address the TRUTH about the concept of passive income and how it might not be exactly the way you think it is sold on social media by ‘gurus’.  This is a good one you will want to hear about all that smoke 💨.

Why do these conversations matter? They matter because these convos are happening behind closed doors and we want them to be front and centre so you can be empowered to achieve financial success.  You don’t know what you don’t know but we are here to change that and provide you with the info, insight, and tips you can use to make the best decisions around your money and investing so that it is built around Your Everyday Rich life. 🚀

In this episode we chop it up about:

Follow Jason and Jenn’s social media:

Follow Gordon and Brittany’s social media:

DM us or leave a comment to get exclusive access to our NETWORTH calculator! 📲📩⌨️

Listen on:

Apple:⁠ ⁠⁠https://podcasts.apple.com/us/podcast/your-everyday-rich/id1676179014\⁠

Spotify: ⁠https://open.spotify.com/show/1JHf9dfrh1xrQ8on5sPQIg⁠

Shoutout to our friends at PLANTWELL INC. a family-owned and operated business located in Milton, Ontario.  Plantwell is not your average grow store. Check them out online www.plantwellinc.com and on Instagram @plantwellinc

Symbols of STOCK tickers mentioned: META

Disclaimer

Your Everyday Rich Podcast is presented solely for general informational, educational, and entertainment purposes. Any such information or other material referenced in this podcast should not be construed as legal, tax, investment, financial, or other advice. It is not intended as a substitute for the advice of a qualified professional.

Welcome to another episode of "Your Everyday Rich" podcast. 

In this episode, Jason and Jennifer chat about the decision about whether to rent or buy. As a society, there is a strong opinion that everyone should purchase their primary residence. Home ownership is a goal for many. And while owning a home may be a goal, does it financially make sense? Jason and Jennifer break down the numbers and discuss the financial as well as the non-financial criteria to take into consideration when making this decision.

Why do these conversations matter? They matter because these convos are happening behind closed doors and we want them to be front and centre so you can be empowered to achieve financial success.  You don’t know what you don’t know but we are here to change that and provide you with the info, insight, and tips you can use to make the best decisions around your money and investing so that it is built around Your Everyday Rich life. 🚀

In this episode we chop it up about:

Follow Jason and Jenn’s social media:

Welcome to another episode of "Your Everyday Rich" podcast. 

Jason recently chatted with his friend and fellow stock trader Ron Esteban.  As an educator and teacher of 20 years, he realized after speaking to other teachers that there had to be something more to building his Everyday Rich besides just relying on the golden handcuffs of a pension.  

After a fateful conversation with a banking mortgage advisor, he went down the rabbit hole of real estate investing and leveraged his expertise as a teacher to buy not 1, but 5 student rentals within 2 years.  How better to understand students' needs than by working with them everyday!  

Did we mention that, after real estate, he went down the rabbit hole of stock options trading and ultimately made LIFE CHANGING money (we’re talking WallStreetBets money)?  

Seeing his parents focus mainly on saving money versus investing it, Ron shares his deeply rooted money script story and how he ultimately flipped his own script by fully immersing himself in whatever investment strategy he felt comfortable with at the time.  

Jason also discovers and joke about a common therapeutic hobby with Ron…their obsession with lawncare.  Turns out they are both big lawncare geeks, go figure.  

And stick to the end, we got the infamous YER “Crazy Rich Asians” culture rapid fire session with Ron and you’ll get a good laugh out of his responses.

Why do these conversations matter? They matter because these convos are happening behind closed doors and we want them to be front and centre so you can be empowered to achieve financial success.  You don’t know what you don’t know but we are here to change that and provide you with the info, insight, and tips you can use to make the best decisions around your money and investing so that it is built around Your Everyday Rich life. 🚀

In this episode we chop it up about:

Connect with Ron on social media and the web: 

Follow Jason and Jenn’s social media:

DM us or leave a comment to get exclusive access to our NETWORTH calculator! 📲📩⌨️

Listen on:

Apple: https://podcasts.apple.com/us/podcast/your-everyday-rich/id1676179014\

Spotify: https://open.spotify.com/show/1JHf9dfrh1xrQ8on5sPQIg

Shout out to our good friends at Plantwell Inc, a family-owned and operated business located in Milton, Ontario.  Plantwell is not your average grow store.

As passionate growers, Plantwell is the destination for a hobbyist of any growing experience to achieve their gardening goals!  Looking to provide you with the essential products and equipment to help you become the best grower you can be!

Check them out online www.plantwellinc.com and on Instagram @plantwellinc

Disclaimer

Your Everyday Rich Podcast is presented solely for general informational, educational, and entertainment purposes. Any such information or other material referenced in this podcast should not be construed as legal, tax, investment, financial, or other advice. It is not intended as a substitute for the advice of a qualified professional.

Welcome to another episode of "Your Everyday Rich" podcast.  Another solo episode with your boy, Jason Kao.  The question about “should you borrow money to invest” gets brought up alot in our circles that we figured it would be a good topic to discuss especially since interest rates are sky high compared to 2 years ago.

When money is cheap to borrow, nobody thinks twice about it, but when money gets expensive, suddenly nobody is willing to be on the ‘I owe’ side of the IOU.  But it’s so common to borrow money, think of your house, student loans, etc. But should you borrow to “invest” in hopes to make more money?  When is it the right scenario, when should you not borrow to invest?  Jason untangles this and gives his views.

Why do these conversations matter? They matter because these convos are happening behind closed doors and we want them to be front and centre so you can be empowered to achieve financial success.  You don’t know what you don’t know but we are here to change that and provide you with the info, insight, and tips you can use to make the best decisions around your money and investing so that it is built around Your Everyday Rich life. 🚀

In this episode Jason has a therapy session about:

Follow Jason and Jenn’s social media:

DM us or leave a comment “NETWORTH” to get exclusive access to our net worth calculator! 📲📩⌨️

Listen on:

Apple: https://podcasts.apple.com/us/podcast/your-everyday-rich/id1676179014\

Spotify: https://open.spotify.com/show/1JHf9dfrh1xrQ8on5sPQIg

Shout out to our good friends at Portraits on White, your not so average photo booth.  They are the BEST photo booth team (in our opinion) to capture memories of your life and corporate events using timeless and classy black and white photos.

They bring their studio to you, and capture magazine worthy images that will stand the test of time without the cheesy top hats and fake mustaches.  In other words, they are different… and good.

Check them out online www.portraitsonwhite.com and on Instagram @portraitsonwhite and book a session with them.

Disclaimer

Your Everyday Rich Podcast is presented solely for general informational, educational, and entertainment purposes . Any such information or other material referenced in this podcast should not be construed as legal, tax, investment, financial, or other advice. It is not intended as a substitute for the advice of a qualified professional.

Welcome to another episode of "Your Everyday Rich" podcast where we chop it up with our pal Terry Nguyen.  A former electrician who managed get wired up into the world of real estate investing and house flipping… all through social media!  After realizing that he didn’t want to be on the tools for the rest of his life and seeking more cash flow, he decided to leverage established players in the Airbnb space and go all in by starting up his own Airbnb arbitrage empire Terracasa Homes.

Even though he is only 33 years old, this gen-z’er knows how to hustle.  Learning first hand what hard work was from his parents, Terry goes deep into the story of his upbringing, the harsh reality of flipping on the wrong side of rising interest rates, what gave him that “spark” to seek mentorship, and how he and his finance make very intentional decisions to live their everyday rich.

Why do these conversations matter? They matter because these convos are happening behind closed doors and we want them to be front and centre so you can be empowered to achieve financial success.  You don’t know what you don’t know but we are here to change that and provide you with the info, insight, and tips you can use to make the best decisions around your money and investing so that it is built around Your Everyday Rich life. 🚀

In this episode we chop it up about:

Connect with Terry on social media and the web: 

Follow Jason and Jenn’s social media:

DM us or leave a comment to get exclusive access to our NETWORTH calculator! 📲📩⌨️

Listen on:

Apple: https://podcasts.apple.com/us/podcast/your-everyday-rich/id1676179014\

Spotify: https://open.spotify.com/show/1JHf9dfrh1xrQ8on5sPQIg

Shout out to our good friends at Portraits on White, your not so average photo booth.  They are the BEST photo booth team (in our opinion) to capture memories of your life and corporate events using timeless and classy black and white photos.

They bring their studio to you, and capture magazine worthy images that will stand the test of time without the cheesy top hats and fake mustaches.  In other words, they are different… and good.

Check them out online www.portraitsonwhite.com and on Instagram @portraitsonwhite and book a session with them.

Disclaimer

Your Everyday Rich Podcast is presented solely for general informational, educational, and entertainment purposes . Any such information or other material referenced in this podcast should not be construed as legal, tax, investment, financial, or other advice. It is not intended as a substitute for the advice of a qualified professional.

Welcome to another episode of "Your Everyday Rich" podcast. 

Holy sh!t, Jason is 40 years old!  Pretty much a boomer now 😅

In the game of living Your Everyday Rich life, turning 40 is a big deal.  Some call it the halfway mark, few call it the start, many call it mid life. Jason likes to call it the front 9.

There’s not alot of “investing” or “money” talk in this episode, but Jason sprinkles some gems of wisdom from his recent birthday celebrations and shares some stories and all the feels of turning 40 with you all.

You don’t know what you don’t know but we are here to change that and provide you with the info, game, and tips you need to make the best decisions around money and investing so that it is built around Your Everyday Rich life regardless if your mid life, first half...the front 9.

Here's to MORE LIFE on the back 9 🚀

In this episode Jason reflects on:

Connect with Jason and Jenn

DM us or leave a comment to get exclusive access to our NETWORTH calculator! 📲📩⌨️

Listen on:

Apple: https://podcasts.apple.com/us/podcast/your-everyday-rich/id1676179014\

Spotify: https://open.spotify.com/show/1JHf9dfrh1xrQ8on5sPQIg

Disclaimer

Your Everyday Rich Podcast is presented solely for general informational, educational, and entertainment purposes . Any such information or other material referenced in this podcast should not be construed as legal, tax, investment, financial, or other advice. It is not intended as a substitute for the advice of a qualified professional.

Welcome to another episode of "Your Everyday Rich" podcast.  We recently read in a MoneySense article about high performing / networth women and who they leave their money decisions to. The surprising stat about high net worth women and their finances left us with more questions than answers. And it spurred a living room conversation about social norms of women and money and a whole bunch of other things.

Why does it matter? Well, because leaving all the money decisions to one person can leave you in a precarious position down the road, and that’s not ideal when it comes to empowerment of your money decisions.  And what do they say about teamwork? It makes dream work, especially with your money!

You don’t know what you don’t know but we are here to change that and provide you with the info, game, and tips you need to make the best decisions around money and investing so that it is built around Your Everyday Rich life. 🚀

In this episode we chat about:

Connect with Jason and Jenn

DM us or leave a comment to get exclusive access to our NETWORTH calculator! 📲📩⌨️

Shout out to our good friends at Portraits on White, your not so average photo booth.  They are the BEST photo booth team (in our opinion) to capture memories of your life and corporate events using timeless and classy black and white photos.

They bring their studio to you, and capture magazine worthy images that will stand the test of time without the cheesy top hats and fake moustaches.  In other words, they are different… and good.

Check them out online www.portraitsonwhite.com and on Instagram @portraitsonwhite and book a session with them.

Disclaimer

Your Everyday Rich Podcast is presented solely for general informational, educational, and entertainment purposes . Any such information or other material referenced in this podcast should not be construed as legal, tax, investment, financial, or other advice. It is not intended as a substitute for the advice of a qualified professional.