It's Personal Finance Canada

There’s no “I” in team, but there is in bills, insolvency and failure. This week we start a 2 part series on the pros and cons of combining a couples finances. Learn about the money biases that come into relationships, how a lack of awareness can hold you back, and how working towards a goal together can strengthen your relationship. If you live in British Columbia, Alberta, Saskatchewan, Manitoba or Ontario let us help you take care of the people you love and visit braunfinancial.com  DIY Investing at: https://get.modernadvisor.ca/braun-financial/ Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

I am altering the pension. Pray I don't alter it any further. This week we talk about the continued roll out of changes to the Canada Pension Plan and how in 40 years you might get more money in retirement. Who qualifies for the best version of this plan, why is there now a two-tired structure and other useful facts about your government mandated forced savings plan that will “never” be used on public sector spending ever again. If you live in British Columbia, Alberta, Saskatchewan, Manitoba or Ontario let us help you take care of the people you love and visit braunfinancial.com  DIY Investing at: https://get.modernadvisor.ca/braun-financial/ Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada   Useful Resources: CPP Enhancement: https://www.canada.ca/en/revenue-agency/news/2023/05/the-canada-pension-plan-enhancement--businesses-individuals-and-self-employed-what-it-means-for-you.html

If two people and a film crew going through my closet can fix my life, why not go through my finances like that too. This week rummage through the proverbial closet and talk about Dave Ramsey’s book “Total Money Makeover” and see if his tips will help you be the belle of the ball or left outside in the rain. What tips can help us today, can his anecdotes apply to Canadians and how much of the book is just the same 7 steps told over and over again with a new cover page. If you live in British Columbia, Alberta, Saskatchewan, Manitoba or Ontario let us help you take care of the people you love and visit braunfinancial.com  DIY Investing at: https://get.modernadvisor.ca/braun-financial/ Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Reality is fluid, ever changing, all consuming force imposing its will on the world, unstoppable in all ways, except for one weakness, our expectations.  This week we conclude our retirement trilogy with a report from the Ontario Security Commission which shows how our expectations and the realities of retirement intersect, for better or worse. How do people really spend their time and money compared to what they expected and how will the next generation of retirees differ drastically from today. If you live in British Columbia, Alberta, Saskatchewan, Manitoba or Ontario let us help you take care of the people you love and visit braunfinancial.com  DIY Investing at: https://get.modernadvisor.ca/braun-financial/ Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada   Useful Resources: Ontario Security Commission Report: https://www.osc.ca/sites/default/files/2024-01/inv-research_20240110_profiles-of-retirement.pdf

Retirement is just the culmination of all of the decisions we made during our working years…. uh oh! This week we talk about what happens when you wait until the last minute (or decade) to prepare for retirement, and how there is still hope for a decent retirement. It’s the battle of dedication vs expectation that will determine how you enjoy those golden years and what you get to do with your time. If you live in British Columbia, Alberta, Saskatchewan, Manitoba or Ontario let us help you take care of the people you love and visit braunfinancial.com  DIY Investing at: https://get.modernadvisor.ca/braun-financial/ Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Retirement planning is just figuring out how to pay the bills without working. This week we take inspiration from the book “ Pay Cheques and Play Cheques - Retirement income solutions for Canadians” by Tom Hegna, Robert Gawthrop & Steve Tate to figure out how to plan for the retirement we actually want. Learn to save for retirement like you do vacations, plan for enjoyment rather than only basic needs and more. If you live in British Columbia, Alberta, Saskatchewan, Manitoba or Ontario let us help you take care of the people you love and visit braunfinancial.com  DIY Investing at: https://get.modernadvisor.ca/braun-financial/ Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada   Useful Resources: Abandon what’s “it” and listen to some Starflyer 59 with Cam: https://open.spotify.com/album/2oOakkxl2l9CbB6IJPgYSx?si=U0rnJzlFRSShBoUtmFmobA OR https://www.youtube.com/watch?v=vNVYNxY5WpU&list=OLAK5uy_merPzi6aOTQKKmmBRPvADQZAD-KoRvSvA&index=1

I couldn’t think of a joke so I hired a consultant, now go sign up for my new joke subscription service, only $99.99 per month. This week we review “Accelerating out of the Great Recession” by David Rhodes and Daniel Stelter of Boston Consulting Group and see how they figured out everything after it has already happened. Find out how companies rise and fall during economic turmoil and how to spot those best positioned to recover and thrive faster than their competitors. If you live in British Columbia, Alberta, Saskatchewan, Manitoba or Ontario let us help you take care of the people you love and visit braunfinancial.com  Looking to start DIY Investing visit: https://get.modernadvisor.ca/braun-financial/ Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

This week Christine takes inspiration from a recent interview with economist & author of “A Map of the New Normal” Jeff Rubin and talks about what he sees as the future of the global economy. We talk about deglobalization, trade isolation, the return of the middle class, energy transition and the growing battle between cost and convenience that impacts our everyday purchases and plans. If you live in British Columbia, Alberta, Saskatchewan, Manitoba or Ontario let us help you take care of the people you love and visit braunfinancial.com  DIY Investing at: https://get.modernadvisor.ca/braun-financial/ Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada Useful Resources: Interview 1 with Jeff Rubin: https://www.cbc.ca/player/play/audio/9.4230642 Interview 2 with Jeff Rubin: https://calgary.ctvnews.ca/economist-jeff-rubin-offers-a-map-of-the-new-normal-1.6890357

I quantify, therefore I am.  This week we talk about how to run your life like a small business owner and understanding the Key Performance Metrics that can make your life better. Lean how organization, prioritization and cooperation can help you better handle the everyday things in life. If you live in British Columbia, Alberta, Saskatchewan, Manitoba or Ontario let us help you take care of the people you love and visit braunfinancial.com  DIY Investing at: https://get.modernadvisor.ca/braun-financial/ Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada

Compounding, the cause of and solution to all of life's problems. This week we talk about how the concept of compounding interest can either be you best friend or greatest enemy when it comes to your finances. What is the difference between good debt and bad debt, how compounding is different than your rate of return and why is the number 72 so important. If you live in British Columbia, Alberta, Saskatchewan or Manitoba let us help you take care of the people you love and visit braunfinancial.com  DIY Investing at: https://get.modernadvisor.ca/braun-financial/ Keep the conversation going on our Facebook Page and Group: https://www.facebook.com/itspersonalfinancecanada