How One Man Retired Debt-Free at Age 48

Podcasts
Posted in Money Tips
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

If you're like most Canadians, you dream of a long and enjoyable retirement. Is it possible to retire early and achieve that by the age of 48? While it is an anomaly, my guest today did just that.

Advertising Tricks: What We Can Learn From Donald Trump

Podcasts
Posted in Money Tips
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

As an observer from Canada, I'm interested in how Donald Trump used various tricks to convince Americans to vote for him. These are the same tricks that advertisers use to get us to buy their products, invest in their business and sign up for that store credit card.

Make Financial Responsibility Your New Year's Resolution

Posted in Money Tips

Every January should be a time to consider where you are financially and where you want your financial future to go. We should always be challenging ourselves to become more financially responsible. Yes it is like the New Year’s resolution, but the results can affect you the rest of your life. Let’s set you up […]

Privatize CMHC? A Politician Says Yes

Podcasts
Posted in Money Tips
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Aggressive lending policies have allowed Canadians to buy too much house for years. Our guest Michael Chong believes that if CMHC was privatized, mortgage insurance could be properly priced by the free market.

How to Minimize Debt Before and After Retirement

Posted in Money Tips

5 Debt No-Go’s in your senior years Carrying debt into retirement is risky.  An early retirement due to illness or job loss can derail your repayment plans. Making debt payments on a fixed income is difficult. Here are 5 types of debt you should never carry into retirement: Credit card debt Car loans Payday loans […]

How to Minimize Debt As Your Family Grows

Posted in Money Tips

As you enter your 30’s and 40’s, your likely entering a period of many milestones: marriage, family, a new home, perhaps a career change. If you had good financial habits during your 20’s you will have paid down most of your student debt, avoided high credit card balances, built a small emergency fund and set […]

How To Minimize Debt as a Millennial

Posted in Money Tips

Starting out on your own is exciting, but it comes with the responsibility to make decisions. Making good financial choices from a young age will have an impact on your financial health for years. Lesson Plan Save more money Separate needs from wants. Pay off student loans asap Start an emergency fund. Use credit wisely. […]

Are You Prepared to Play the Game of Debt?

Posted in Money Tips

Transcript: Debt. Most people don’t realize how big debt can become even when they think they’re being responsible. Debt usually starts small, with a few reasonable expenses put on credit – but it can grow quickly from there. If you’re a recent high school graduate, you probably just got a credit card. If you’re heading […]

Scammers May Mention Personal Information to Look Legit

Posted in Money Tips
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

The Canada Revenue Agency has been warning Canadians to be wary of aggressive tax scams demanding payment over the phone. Many of the callers use terrorizing language often threatening arrest, jail time or calls to your employer if they do not receive payment. However, in a new twist recently reported by one of our clients, […]

Victory Lap Retirement. EXCLUSIVE First Podcast Interview

Podcasts
Posted in Money Tips
Posted by J. Douglas Hoyes, CA, CPA, LIT, CIRP, CBV

Today’s podcast is the first ever podcast interview with Jonathan Chevreau and Mike Drak together, talking about their new book Victory Lap Retirement about how to transition from a high stress work environment to a low stress sustainable lifestyle to enjoy a happier, healthier life.