You ask, we listened. Some more Q&A with the MONEY TALKS SERIES:So, you’re ready to invest, but your partner treats money talk like a doing laundry? Yeah, we get it. In this episode, we break down how to navigate those awkward, heated, or just plain ignored financial conversations with your spouse—without turning date night into a budget meeting from hell.We cover the art of persuasion (hint: it’s not nagging), why shared financial goals > criticizing spending habits, and how small wins—like setting up a simple pay yourself first system—can turn even the most reluctant spender into a low-key investing pro. Plus, we tackle a juicy Q&A on bonuses (spend vs. invest?) and what to do when seeing red in your portfolio makes you panic-sell.If you’re done arguing over Amazon purchases and ready to build wealth together, this one’s for you.🎙 Hit play—your financial peace treaty starts now.
What if you could hit the pause button on investing and STILL retire early? Enter Coast FIRE (fi)—the financial freedom cheat code that lets you stop grinding and start gliding.In this episode, we break down how to know when you’ve invested enough to let compound interest do the rest, the math behind reaching Coast FI, and why it’s the ultimate stepping stone to full financial independence (aka never working for money again). Plus, we tackle the sneaky ways you can mess this up—because, *spoiler: inflation is a little b*tch, and lifestyle creep will wreck your plans faster than a shopping spree at the Lululemon.We also get real with case studies of investors who’ve hit Coast FI using index funds, real estate, and side hustles. And if you’re still questioning whether retiring early-ish is even possible, we’re here to tell you: yes, and it’s closer than you think.🎙 Listen now, because your future self will thank you.Checkout these Coast FIRE calculators:https://walletburst.com/tools/coast-fire-calc/
Thinking about having kids? Already have them? Either way, you need a plan to protect both your family. We answer your questions about why there’s no “perfect” time to have kids, and how life insurance and wills can literally save your family from unnecessary headache, and the simple plan to secure your kids’ future without screwing yourself over. No fluff, no BS—just the real talk you everyday rich parent needs. Listen now.Like, share, subscribe—because if this episode saved you from future regret, it’ll probably save someone else too. #MillennialMoney #ParentingFinance #NoBrokeKids #lifeinsurance #wills
Raising kids ain't cheap, but are you setting them up for success or just throwing cash at the latest gadgets? In this episode of YourEveryday Rich, we break down the four real ways to invest in your kids—beyond just stacking money in an RESP and calling it a day.What We Cover:- The smartest, tax-efficient ways to build wealth for your kids (without screwing over your own retirement)- Why teaching them to make money is more powerful than just saving it for them- The grit factor—how to raise resilient, money-smart kids in a world that coddles them- The biggest investment you’ll ever make (hint: it’s not in the stock market)Forget handing them a trust fund and praying they don’t blow it—this is about setting them up for real financial independence. If you’re serious about breaking the paycheck-to-paycheck cycle and creating generational wealth, this episode is for you.Listen now. Apply the game plan. And for the love of your bank account, stop giving your kids free money.Like, share, and subscribe so more millennials can get their money right! #GenerationalWealth #MillennialMoney #InvestingForKids #investing
If you think the Tax-Free Savings Account (TFSA) is just a glorified savings account, we need to talk—because too many Canadians are accidentally handing money to the CRA thanks to simple but costly mistakes. Overcontributing? Penalty. Reinvesting withdrawals too soon? Penalty. Day trading stocks like you’re on Wall Street? Big problem. Beneficiary or successor? Say who now? In this episode, Jason and Jenn break down the 2025 TFSA contribution limit ($7,000) and the most common (but avoidable!) mistakes that could be quietly draining your tax-free wealth. They share some Reddit stories about these mistakes and how you can avoid them, unlike DaveYYZ1. Your TFSA is one of the best tax-free wealth-building tools you have—if you use it correctly. Avoid these mistakes, and you’ll keep every dollar working for you, not the CRA. 🎧 Press play and get it right the first time. For everything you NEED to know about the Tax Free Savings Account (TFSA), go check out Episode 59.
Alright, Canadian investors—this one’s for you. If you’re looking to bet on the S&P 500 (historically pretty decent), you’ve probably come across VOO and VFV and wondered: Which one is actually better for my portfolio? Today, Jason and Jenn are breaking it all down: fees, taxes, currency exchange, and how to squeeze the absolute most out of your investments in some of most the popular S&P500 ETF's for Canucks. Because while index investing is supposed to be simple, the details matter—a lot. Here’s what we’re getting into: 💸 Management fees: How those sneaky MERs chip away at your long-term gains. 🌎 Currency conversion costs: Why Canadians end up paying more—and how to avoid it. 💡 Tax hacks: Which one to hold in a RRSP = no U.S. withholding tax (yes, really). 📉 Norbert’s Gambit: The pro move to avoid getting fleeced on currency exchange. 🚀 The case for U.S. exposure: Why betting on the American economy still makes sense even for Canadians. By the end of this episode, you’ll know exactly how to optimize your portfolio for maximum returns—without handing over extra cash to fees, taxes, or currency conversion traps. 🎧 Press play and let’s get you investing smarter.
Ok, today we’re tackling the question everyone asks about stocks: Is timing the market worth it, or should you just start investing now? What if the market crashes? Should you hold your cash and wait for the perfect moment? Jason and Jenn bring personal stories from market crashes and hard data to unpack the psychology of bear vs. bull markets. They break down why scary headlines fuel bad decisions and how dollar cost averaging might just be your secret weapon. When the stock market is permanently rigged to rise over the long haul, the math is clear: But you have to listen to the living room convo for that! #investing #youreverydayrich #stockmarket #stocks #recessionproof #bear #bull
Chinese New Year vibes—red envelopes, family stories, and how culture shapes money habits. HOPE YOU GETE RICH as Ronnie Chieng would say! Then its time to talk inflation and the big question: Should you pay off low-interest debt early than later? Using Jason’s past experience of the mighty Whopper Jr. analogy, they explain how inflation chews up purchasing power, what it means for cheap debt, and why balancing debt repayment with investing is like mastering the “heavy all” fast-food hack. Smart money insights, a side of nostalgia, and fast-food wisdom you didn’t know you needed. And shout out to Ronnie Chieng for the inspiration! #financialliteracy #youreverydayrich #investing #whoppers #debtpayoff #inflation #chinesenewyear
What does it take to turn financial success into generational wealth? In the second episode of this series, Jason and Jenn build on the foundational principles of The Millionaire Next Door to examine the behaviors and strategies that create lasting financial security from time tested money strategies. They cover everything from the discipline needed to tackle debt (escaping the matrix or not getting trapped into a Squid Game) to the importance of consistent saving and investing. But it doesn’t stop there—this episode is all about legacy. Things that your parents probably never gave the chance to do. Jenn and Jason discuss how to have open, honest conversations about money with your loved ones especially young children (yes, that conversation) and why teaching financial literacy to the next generation is a game-changer. You’ll also learn how understanding your spending habits and making intentional choices can help you emulate millionaire behaviors without earning like one (yet). Whether you’re ready to break free from debt, set your family up for success, or just figure out how to make smarter financial decisions, this episode is your roadmap to leveling up your mindset, habits, and long-term wealth-building strategies. #youreverydayrich #moneytalks #financialliteracy #themillionairenextdoor #thematrix #squidgame
What if building wealth wasn’t about earning a high income salary or winning the lottery but about your mindset and daily habits? In this first episode of a two-part series inspired by The Millionaire Next Door, Jason and Jennifer shoot the ish about the simple yet powerful principles that set self-made millionaires apart. They discuss why decluttering your physical and mental spaces is the first step to financial clarity and how living below your means isn’t a sacrifice but a strategic choice. Expect myth-busting moments as they break down common misconceptions about wealth and explore the role of intentional living and frugality in building financial freedom. Whether you’re looking for a fresh start to the New Year or trying to figure out how to make your money work harder for you, this episode is packed with actionable insights to help you reframe your relationship with money and take the first steps toward creating lasting wealth. Shout out to Jimmy O Yang for the relatable bit on "frugal asian parents" #themillionairenextdoor #jimmyoyang #youreverydayrich #money #financialliteracy #debtfree
Welcome back to Your Everyday Rich! You’re sipping coffee, hearing your kids laugh, and it hits you—you’re 40+, and while your family grows every day, your money hasn't kept pace. The future feels closer than ever, but time is still on your side. Feeling like you’ve missed the investing boat? Think again! In this living room conversation, Jason and Jennifer demonstrate why now is the perfect time for millennials to take control of their financial future if you have never created an investment portfolio yet. They share a clear, no-nonsense roadmap to kickstart your investment plan for 2025, covering: ✅ Actionable steps to start investing, even if you’re a total beginner ✅ The magic of compounding and why small steps today can lead to big rewards tomorrow ✅ Navigating essential tools like TFSA, RRSP, and RESP to make your money work smarter ✅ The advantages millennials have even when starting late. Plus, they offer a practical 3-step process for couples to align their finances, define shared goals, and work as a team to grow wealth together. Whether you’re feeling overwhelmed or unsure where to start, Jason and Jenn’s tips will inspire you to take action, overcome mental blocks, and build a portfolio that aligns with your dreams. 🎙️ Grab your notebook, your partner, or just your earbuds—this episode is your invitation to stop overthinking and start doing. Your financial future starts here! 🚀
In this living room conversation, Jason and Jennifer discuss their goal-setting process for 2025, reflecting on the highs and lows of 2024. They share practical strategies for setting meaningful goals, focusing on key areas like health, finance, and relationships. Learn how to stay consistent and accountable with techniques like quarterly check-ins and time blocking. They also reveal why it's crucial to focus on fewer goals for greater impact and how fitness plays a pivotal role in personal growth. Tune in for expert tips and inspiration to help you set and crush your own goals in the year ahead!
Welcome back to Your Everyday Rich! In this living room conversation, Jason and Jennifer explore their personal challenges with spending money, especially during the holidays. They reveal how their childhoods and immigrant backgrounds shaped their approach to money, and how these influences still impact their financial decisions today. They explore powerful shifts in mindset, like reframing spending as an investment in well-being, and how a thoughtful budget can make guilt-free spending possible. They also discuss why experiences often provide more long-term happiness than material things. If you’ve ever struggled with guilt over your spending or wondered if there’s a way to balance frugality with joy, this episode is a must-listen. Tune in to hear how reframing your financial habits can lead to a more fulfilling life. 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, personal and family 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, investing and family life so that it is built around Your Everyday Rich life. 🚀 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 back to Your Everyday Rich! In this living room conversation, Jason and Jenn chat with architect and real estate investor Victoria Suen about her journey into real estate, the value of an architect’s perspective in investing, and the challenges of converting properties into multi-units. Victoria shares insights on key real estate terms, permit processes, and construction tips like creating spec books and sound mitigation. She also discusses her evolving investment philosophy, exploring larger opportunities in Toronto, and advice for investors on patience and growth. We also discover a 'corny' thing about Victoria near the end 😅 Listen for some great perspective on how anyone with no experience can learn about real estate to add to their wealth journey. Find Victoria on: Instagram: @buildxlab Web: buildxlab.com 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, personal and family 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, investing and family life so that it is built around Your Everyday Rich life. 🚀 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 back to Your Everyday Rich! In this living room conversation, Jason and Jenn get into the world of gambling, exploring its psychological underpinnings, financial consequences, and the societal perceptions that normalize it. They discuss the addictive nature of gambling, the various fallacies that trap individuals into a cycle of betting, and the long-term impact on wealth accumulation. The conversation emphasizes the importance of recognizing gambling as a serious issue and offers strategies for responsible gambling, ultimately advocating for a shift in mindset towards long-term wealth building. 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, personal and family 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, investing and family life so that it is built around Your Everyday Rich life. 🚀 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 back to Your Everyday Rich! In this living room conversation, Jason and Jenn sit down for an imaginary chat with Prof. G and Morgan Housel to explore how patience and discipline can lead to financial freedom. They get into the magic of compound interest, explaining why it’s one of the simplest and most reliable ways to build wealth. Breaking it down with numbers, they reveal how compounding works, the importance of playing the long game, and the mindset barriers that often hold people back from investing. Along the way, they debunk common investing myths, share practical tips for getting started, and emphasize the value of starting early and staying consistent. 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, personal and family 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, investing and family life so that it is built around Your Everyday Rich life. 🚀 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.
In this living room conversation, Jason and Jenn talk about money scams, discussing various types of scams, the psychological triggers that lead people to fall for them, and practical tips for recognizing and avoiding these scams. Big part of the episode highlights the importance of maintaining a healthy dose of skepticism, staying informed, and protecting personal information to safeguard against financial fraud in both a digital and physical word. Don't forget to RATE the podcast, like, share, and subscribe!
In episode 68, Jason and Jennifer share their humbling journeys through Spartan and HYROX competitions, revealing the motivations and commitment to family fitness that guided their paths. They walk listeners through the highs and lows of their rigorous training, showing how family support transformed fitness into a shared adventure and deepened their outlook on taking on these goals. Reflecting on the growth that comes from tackling challenges, they offer a powerful message: doing hard stuff not only builds resilience but also reveals inner strength and a renewed focus on health, especially as a millennial. 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, personal and family 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, investing and family life so that it is built around Your Everyday Rich life. 🚀 Follow on social media: Your Everyday Rich instagram https://www.instagram.com/youreverydayrich Youtube: https://www.youtube.com/@youreverydayrich DM us or leave a comment! We want to hear what you think are important living room convos! 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.
In episode 67, Jason and Jen talk about the evolving landscape of childcare, focusing on the financial implications, government subsidies like the 🇨🇦 CWELCC, and the various options available to parents. They share their personal experiences and insights on the challenges of affording childcare, the impact of government programs like hidden taxes, and the importance of choosing the right childcare solution for families. They also go into the 'should you quit to raise your kids' debate. This talk highlights the need for parents to navigate these complexities while considering their financial and personal circumstances. 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, personal and family 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, investing and family life so that it is built around Your Everyday Rich life. 🚀 Follow on social media: Your Everyday Rich instagram https://www.instagram.com/youreverydayrich Youtube: https://www.youtube.com/@youreverydayrich DM us or leave a comment! We want to hear what you think are important living room convos! 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.
This living room conversation explores the concept of emergency funds and their importance in personal finance. Jason and Jenn highlight the significance of liquidity, the impact of unforeseen circumstances, and the need to reassess emergency funds as life circumstances change. Jason and Jenn share personal experiences and insights by showcasing how they approach contingencies in their corporate projects, sharing what they did when they started their emergency fund, and emphasizing the value of having a financial safety net to provide piece of mind in case of a worst case scenario. 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, personal and family 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, investing and family life so that it is built around Your Everyday Rich life. 🚀 Follow on social media: Your Everyday Rich instagram https://www.instagram.com/youreverydayrich Youtube: https://www.youtube.com/@youreverydayrich DM us or leave a comment! We want to hear what you think are important living room convos! 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.