

Stress Test
The Globe and Mail
You had your best-laid plans and then COVID-19 came along and hammered the entire economy. But you’ve got this – if you have the right information. Join The Globe and Mail’s personal finance team, columnist Rob Carrick and editor Roma Luciw, as they guide you through one of the biggest stress tests your finances will ever face. If you’re between 20 and 40, this financial advice is for you.
Episodes
Mentioned books

5 snips
Jan 15, 2025 • 27min
Is a university or college degree still worth the money?
A post-secondary degree is commonly seen as the best way to get ahead. But the cost of university and college is rising - and it’s rising faster than the salary you can earn with a degree. As the math changes, is a post-secondary degree still a no-brainer? We speak with two recent grads about their job prospects after finishing their bachelor's and master's degrees, respectively. And Roma speaks with Jermaine L. Murray, a recruiter and the founder of JupiterHR, about how much employers value higher education in today’s job market. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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6 snips
Jan 8, 2025 • 30min
No, you’re not throwing your money away on rent
In this discussion, Ben Felix, Chief Investment Officer at PWL Capital and co-host of the Rational Reminder podcast, challenges the stigma surrounding renting. He highlights how renters can build wealth just as effectively as homeowners through disciplined saving and smart investments. The conversation dives into the hidden costs of homeownership and how psychological factors shape perceptions of success. Felix shares insights on maintaining flexibility and quality of life while advocating for a mindset shift towards financial freedom.

Jan 2, 2025 • 1min
Coming soon: Season ten of Stress Test
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Jul 24, 2024 • 32min
Here’s what young Canadians are putting in their TFSAs
Join Aravind Sithamparapillai from Ironwood Wealth Management, a tech entrepreneur launching his own business, and a millennial investor whose journey started by chance. They dive into the world of Tax-Free Savings Accounts, dissecting strategies for young Canadians. Discover the pros and cons of TFSAs versus RRSPs and the new First Home Savings Account. The millennial shares their thrilling GameStop saga, emphasizing diversification. Tune in for insights into customizing your investment approach and navigating financial challenges!

Jul 17, 2024 • 32min
Look out employers: Here come Gen Z
Gen Z is revolutionizing the workplace with their focus on work-life balance, individualism, and tech-savviness. Dr. Dave Drewery and two Gen Z representatives share insights on adapting to this new generation. Topics include shifting to a four-day work week, prioritizing mental health, and the importance of aligning with Gen Z's values in the workplace.

Jul 10, 2024 • 26min
Viral TikToks can crawl into your brain and trigger spending
Casey Lewis, writer and consultant, discusses youth consumption trends in relation to TikTok on the podcast. Topics include the influence of social media on consumer behavior, spending on experiential travel, app features on TikTok, financial pressures from social media, and the impact on travel choices and spending.

Jul 3, 2024 • 29min
Counting on an inheritance? Not so fast
Just mention the word “inheritance” and people get their backs up. It’s no surprise that people are reluctant to chat about getting free money. In this episode, Rob chats with Julia Chung, a financial planner, about why you shouldn’t factor an inheritance into your financial plans. We’re also joined by an Edmonton woman whose parents plan to spend every dime in retirement. And an Ontario millennial walks us through whether or not she should take her parents’ offer of an early inheritance. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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Jun 26, 2024 • 26min
Would you co-own a house with your parents?
Adult kids are increasingly relying on mom and dad to make their home ownership dreams a reality. In this episode, Rob talks to a real estate agent who specializes in co-ownership. We chat with a B.C. woman who bought a house with her parents — who also see the house as an investment. And our guest from Toronto was able to break into an expensive housing market by purchasing a portion of his father and stepmother’s home. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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advertising.

Jun 19, 2024 • 26min
Home ownership and a baby: Can you afford both?
Certified financial planner Shannon Tatlock joins the discussion on young parents managing finances while starting a family. Topics include saving for a downpayment, budgeting for maternity leave, living with in-laws for financial savings, and the challenges of owning a home versus having children.

Jun 12, 2024 • 29min
How far would you commute to save money?
Commuting is back above pre-pandemic levels thanks to immigration and a reduction in remote work. In this episode, Rob talks to a 28-year-old lawyer who’s saving a pile of cash by living with her parents. Roma chats with a 34-year-old marketing professor who flies from Edmonton to Vancouver for work. We’re also joined by Clare Kumar, a Toronto-based productivity coach.
Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
for information about our collection and use of personal data for
advertising.


