Dead on the Money Podcast

Link to sample price list: https://www.beechwoodottawa.ca/sites/default/files/2025-10/Beechwood%20Funeral%20Price%20List_October%201%2C%202025_Email.pdf?hsCtaAttrib=122919243947Disclaimer: This channel is for education purposes only and is not affiliated with any financial institution. Richard Coffin and Derek Dedman do not provide recommendations on the podcast - those looking for investment advice should seek out a registered professional. Richard and Derek are not responsible for investment actions taken by listeners.

Dive into the world of household debt with a deep look at rising mortgage burdens and alarming delinquency trends, especially among young borrowers. Explore the link between inflation and stress on living costs, alongside Canada’s shocking debt-to-income ratio. Discover the distinction between good and bad debt, and the risks of leveraging student loans and credit cards. Learn effective strategies to manage debt, from cutting spending to prioritizing payments, while addressing the mental toll of financial pressure.

This episode dives into the alarming rise of investment scams and their sophisticated tactics. Richard and Derek reveal the staggering billions lost to fraud, particularly in the realm of cryptocurrency. They break down various schemes like Ponzi, pyramid, and pump-and-dump, while exposing how boiler room tactics manipulate victims. Insights into community-targeted scams highlight the personal betrayal involved. The hosts share vital red flags to help listeners protect their investments, urging vigilance in a deceptive financial landscape.

Dive into the booming world of sports gambling! Explore the history of legalization and its rapid expansion in Canada and the U.S. Learn about the staggering growth of the betting industry, influenced by celebrity endorsements. Discover how sportsbooks profit, navigate addiction risks, and the psychological traps of gambling. Gain insight into industry tactics and how new markets are shaping the landscape. Finally, uncover the realities behind making consistent profits in sports betting and the importance of recognizing personal risk.

Explore the rising phenomenon of Buy Now, Pay Later (BNPL) as hosts dive into how it works and who benefits. They dissect the financial models behind popular BNPL providers and highlight potential risks for consumers, such as overspending and credit impacts. Statistics reveal the demographic shifts driving its adoption, especially among younger generations. Listeners learn when BNPL is sensible or risky, along with practical strategies for managing finances. Ultimately, the discussion balances BNPL's convenience against its potential pitfalls.

Discover why many people struggle with money, diving into fascinating statistics about living paycheck to paycheck. Explore five key reasons behind financial difficulties, including bad luck and a lack of education. Delve into behavioral economics and cognitive biases that shape our financial decisions. The hosts emphasize the importance of budgeting and practical strategies for better money management, like the Ulysses Strategy. Learn how childhood influences financial habits and why small, consistent changes can lead to lasting success.