So in our second airing of what we originally named the Canadian Personal Finance Hangout, we actually announced a rebrand. Out with the old and in with the new, and even though the old wasn’t really worn, the new was so much better. We are now known as the Because Money podcast.
Because Money.
Now, if you are thinking to yourself, I don’t get it… that isn’t even grammatically correct, it makes no sense. Let me assure you that it does. Linguists are calling it the ‘prepositional because’ or the ‘because-noun’. Why are these changes being made?
Because Internet.
So with the rebrand out of the way, lets tackle the subject matter.
Full disclosure. Episode 2 contained some pretty awesome technical difficulties. While the hangout was in progress, I had 2 windows open that kicked in at Volume 11 and scared me half to death, Sandi spelled her name wrong on her name tag and Robb’s computer froze down, complete audio meltdown… leaving him staring blankly at us for a long time! Despite the rookie mistakes, we covered a lot of great material.
Summary
Here is a list of the topics we included in the scheduled hangout.
1. Annual State of the Residential Mortgage Market in Canada
Most consumers agree with the proposition that “low interest rates have meant that a lot of Canadians became homeowners over the past few years who should probably not be homeowners”.
However, while consumers believe other people have been irresponsible with their money, the responses to other questions show that they believe their own behaviour has been responsible. It isn’t clear how we can reconcile the paradox of widespread positive beliefs about “selfs” versus widespread skepticism about “others”.
It is likely that beliefs about other people are shaped by messages in the media and from pundits.
2. Question from the Canadian Personal Finance Community
The question generated conversation around paying off a no interest loan vs doing other things with your money like investing in a TFSA.
3. Thumbs are for Hitchhiking with, Not for Making Rules
Sandi Martin goes on to talk about how a one-sized fits all approach doesn’t really work in personal finance.
4. Stupid Things Finance People Say
I have read this list over a couple of times, there are some real gems in there.
5. OpEd: Why every Canadian should get a paycheque
This sparked some good discussion with Robb around CPP reform and OAS… even picked up a comment on the #BecauseMoney hashtag on twitter.
Previous Episodes
Jackson Middleton
Owner
Season 1 | Because Money Podcast | All Episodes
Here is the list of all 27 episodes from Season 1 of the Because Money Podcast. Hosts Robb Engen, Sandi Martin and Jackson Middleton discuss relevant finance news, topics and issues with some of Canada's leading financial personalities.
Source: http://becausemoney.ca/
Here is a list of the resources we used for this episode! And go. Jackson: Hey everybody, welcome to another episode of The Because Money Podcast. This is Episode 27, the most exciting episode we've had so far. And with that, I've got nothing else to say and I'm turning it over to Robb Engen.
Special guest Alexandra Macqueen Alexandra Macqueen is a Certified Financial Planner, retirement income specialist, co-author of the (soon-to-be) newly revised book Pensionize Your Nest Egg, and very gracious about usually being the smartest and most articulate person in the room (or online forum). She's @MoneyGal on Twitter.
It's our last episode of 2014, and - in the spirit of the coming New Year - we're talking budgets. The Christmas bills are about to start rolling in, which means 'tis the season for resolving to control your money this year.
Teaching Kids About Money
On episode 24 of the Because Money Podcast we are joined by Caroline Munshaw and Jenni Bolton of Cent$ible Students. They are self-proclaimed "money-moms" and work with kids in the school system from K-8 teaching financial literacy. Transcript: Jackson: Jackson Middleton Robb: Robb Engen Sandi: Sandi Martin Jenni: Jenni Bolton of Cent$ible Students Caroline: Caroline Munshaw ...
Anonymous Advice | Value of Simple.
This week we are joined by John Robertson PhD to discuss the credibility of online anonymous financial advice. Also John gives some highlights from his new book "The Value of Simple" to be released in early December 2014. Transcript John: Guest John Robertson PhD Robb: Robb Engen Sandi: Sandi Martin Jackson: Jackson Middleton Robb: Welcome to ...
How Cool is it that Ellen Roseman is on our show!
Lots of moving parts in episode 22 of the Because Money Podcast. Special guest Ellen Roseman was fabulous to talk with, I bet we could have talked for hours about consumer protection and financial literacy. You can either click play on the video above, sit back and relax and take in the show or you can read ...
What is Wealthsimple?
We had a lot of fun recording this episode of the because money podcast. Michael Katchen from Wealth Simple shares his vision of where the financial services industry in Canada will be going. The video pretty much speaks for itself, however if you are more of a reader, the transcript has been provided below!
Side Money.
Sometimes cutting costs just doesn't cut it - sometimes you need to make more money. This week, the King of the Side Gig Robb Engen talks about how to make the magic happen.
Insurance Nightmares.
In which we complain about our various run-ins (some of which are ongoing) with Ye Olde Insurance Company.
Travelling on the Cheap.
Apparently everything you need to know about travelling on the cheap starts with www.airbnb.com
Generation Y and Mindless Home Buying.
With Special Guest Rob Carrick << Seriously! Rob Carrick is joining us for this week's episode, and we're excited! We're talking real estate, how to tell if you can REALLY afford that house, job prospects, and - depending on fast we talk - if Gen Y really does have it worse.
How Do You Teach Financial Literacy?.
Special Guest Kyle Prevost We can all agree there's a need to teach financial literacy so that we can make informed and responsible decisions with our money. The challenge is how and where to implement financial literacy teachings and concepts. After the financial crisis in 2008-2009, the federal government launched a financial literacy task force ...
How Not to Be Your Own Worst Enemy,
Special Guest Dan Bortolotti Even the most steadfast investors can fall victim to their own destructive behaviour when it comes to managing their money. We tend to be overconfident and take on too much risk with our investments. We toss aside a carefully thought out investment plan the moment Mr. Market decides to have a temper ...
Why You (Yes, YOU) Should Care About How Financial Advice is Regulated | Because Money.
We're stepping up on the soapboxes this week and using the dreaded SH word at you: should. You should care about how financial advice in Canada is regulated, even if it means sacrificing some time waiting for the next season of Doctor Who or Downton Abbey or whatever it is you watch.
There Are No Bad Apples, Just Bad Barrels.
CBC Marketplace | Show Me The Money [Indeed] with Special Guest Preet Banerjee This week we will be discussing the CBC Marketplace Piece - Show Me The Money! Should be a lot of fun... because well Preet Banerjee (who is in the video) is on the show...
How Rewarding are Rewards Cards Really?
Credit cards are making you fat and stupid...or maybe they're making you better off, earning you money and rewards while buying stuff you were going to buy anyway...or maybe they're making small business owners poorer... We think it's a mix of all three, and - just like last week's Home Buyer's Plan debate - there's ...
Home Buyers Plan.
RRSPs to fund a Downpayment? Good or Bad? Being that it is getting close to tax season (some argue tax season is already here), expect to see a lot more conversation about RRSPs. Of note lately is talk that the Home Buyers Plan is more of a downpayment loophole than anything.
The Fellowship of the Andex Chart.
This one is so good, it doesn't need a description, seriously... just watch the video. However I needed to enter text here so that it didn't stick out as lacking in text.
I Can't Afford to Not buy It.
How Canadian Economic News Impacts You No guests this week, instead you are stuck with us talking about what is making news in Canada this week. As usual, if you would like to join the conversation, don't hesitate to jump in using the #becausemoney hashtag on twitter.
Borrowing Money Isn't Your Sacred Right as a Canadian.
Special Guest Holy Potato or John Potato or John Robertson PhD. On this week's podcast, we've coerced the holiest of spuds, scientist, and all-around nice guy John Robertson to take us to math school, to dig behind the headlines that scream "37% of Canadians are borrowing 13% more money than 43% of Canadians who aren't", and to generally be a deep thinking ...
Time Travel, How My Stupid My Past Self Won't Listen To Me and Weddings.
Special Guest joins us for episode 7. January: month of snow, wind, more snow, snow days, unplowed sidewalks...and weddings. Forget June, January is the real wedding season, full of wedding shows and blowout dress sales. We talk about it all! A must watch if you are planning a wedding soon!
Return of the Small Business Owner.
Are you a small business owner? Do you have your hand in the till? Thinking of starting a new business? Should you finance your startup with credit? These are just some of the questions we answered on this week's episode of the Because Money Podcast.
The Fees Strike Back.
We all hate paying fees and try to avoid them where we can, but some are worth paying because they add value/save time/give peace of mind. So our question to you! Which fees are worth the money? Also, the conversation might move towards managing your business finance much like you do personal finance...
A New Hope with Noel D'Souza.
Low-cost, Hand-Holding, Fairy-Godmother, Fee-Only Financial Planning This week were joined by special guest Noel D'Souza. In case you are wondering... it's pronounced "Know-ell"... now you know. What we discussed Lots on the agenda, conversation included the following: Does my mother need a fee-only financial planner? What the mutual fund industry isn't telling you!
Women, Money and the Will to Wave Hands.
What a great episode with our very first guest on the #BecauseMoney Podcast. Kerry K. Taylor who tweets @squawkfox and blogs at squawkfox.com joined us and we talked about everything! Seriously... Everything.
Preamble
This is the text that appeared before the show was about to air.
We are only in our second week and already a rebrand. Love it!
Please consider this “The Because Money Podcast” and join the conversation live on twitter using the #BecauseMoney Hashtag.
Considerably better than “Canadian Personal Finance Hangout” using this hashtag >> #PFHca
And just in case you are thinking, “Because Money.” What does that even mean? That isn’t grammatically correct… actually it is. Linguists consider this use of because as a “prepositional because” or the “because-noun”. Completely acceptable. How did this come about. Because Internet.
So if you are looking for smart conversation around money in Canada, you have come to the right place.
Because Money.
