It's Personal Finance Canada

Enough is enough, or is it not enough?!? This week we trek through "The Psychology of Money" by Morgan Housel and talk about how we were raised around money impacts our future, determining the filters we use to determine what is enough money or happiness in our lives and how what we want changes as time goes on. If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com  Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

It's our one-year anniversary episode. This week we dig deep into Ray Dalio's understanding of the Big Debt Cycle and find out how learning from the past can help us prepare for the future, or really the present the way things are going right now. We tackle the good days, the mad rush to by "anything" others tell us to, the peak and on through to the depression, fiscal intervention and how we can get back to a sense of economic normalcy once again, all with our own patented* Canadian perspective. If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com  Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada Useful Resources: Where to get the free (well the cost of your email address) book we referenced by Ray Dalio: https://economicprinciples.org/ Canada's 2021 federal election results: https://www.elections.ca/enr/help/national_e.htm

This week we talk all about the Bank of Canada and how it makes the big decisions which impact your life. From monetary policy, interest rates to inflation protection we peel back the curtain of mystery and see how the great fiscal machine actually operates. If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com  Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada Useful Resources: Bank of Canada Monetary Policy Report October 2022: https://www.bankofcanada.ca/2022/10/mpr-2022-10-26/ Our renewed monetary policy framework (Dec 2021 – 2021-2026):  https://www.bankofcanada.ca/core-functions/monetary-policy/monetary-policy-framework-renewal/ Framework for Conducting Monetary Policy at Low Interest Rates Dec 2015 (aka Christine’s most and least favorite 4 page PDF): www.bankofcanada.ca/wp-content/uploads/2015/12/framework-conducting-monetary-policy.pdf 

Our life is the culmination of the habits that we adopt. This week we talk about the power of habits and how they can shape not only your life but your financial future as well. Drawing from Christine's "Why is this baby still up at 4am book club," we look into the advice from "The Power of Habit" by Charles Duhigg and "Atomic Habits" by James Clear and see how they can help us. If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com  Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Christine's "Why is this baby still up at 4am Book Club" continues as she delves into the Millionaire Next Door by Thomas J. Stanley. This week we talk about how often the rich don't use their wealth to impress others but instead fulfill their goal of personal financial freedom. It is the little things we do and don't do that help us follow the author's seven common denominators among those who've  successfully built their own wealth and financial freedom. If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com  Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada Useful Resources: Two good articles from the author's blog: https://themillionairenextdoor.com/2010/08/how-wealthy-should-you-be/ & https://themillionairenextdoor.com/2009/12/the-low-profile-millionaire-next-door/

It's time for another edition of Christine's "Why is this baby still up at 4am Book Club." This week we review the core concepts of the personal finance classic "Rich Dad Poor Dad" by Robert Kiyosak. We see if these ideas can still work for you today and how find out how much of the book is applicable for Canadians. If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com

This week we talk about all of the in's and out's of having a Group RRSP plan and how it can benefit you and your retirement. Everything from qualification, matched contributions and how employers can use then to better support their staff is covered, along with a few cautions to be aware of. But fear not as we pull back the cloak of mystery surrounding Group RRSP’s. If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com

This week we continue our look into different investment styles and the most famous investors behind them. Everything from Contrarian, Growth and Adaptive investing are looked at along with how they have been successful. We then cap it off by talking about how you can determine which style (or combination of) could be best for you. If you want to join Christine's "Why is this baby still up at 4am Book Club" you can follow along by reading "Principles of Dealing With the Changing World Order" BY Ray Dalio! If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com

Over the years different people have develope different approaches to investing, but all of them have one goal, to help you get the most out of your money. This week we take our first of two looks into some the the most popluar investors in the past century and understand how their varied stragegies helped them become successful, and how thier underlying ideas can help us today. If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com

The concept of Capital Appreciation is one that tends to be overlooked for many other "flashy" signposts in the investing world but it has a dramatic impact on whether or not you will actually grow your money. This week we talk about the impact of capital appreciation on your investmetns, be it stocks, funds, real esate or even small business ownership and how you can make sure you are getting a good return for your money. If you live in British Columbia, let us help you take care of the people you love and visit braunfinancial.com