It's Personal Finance Canada

Live your life in a way that no one wants to dance on your grave. This week we ask the question, “Why do I need to leave a legacy?” and figure out what happens to all of our hard work and things when we are gone. In terms of money its all about maximizing the gifts, minimizing the taxes, setting timing of receipts. But its all more important than money alone. 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

The best way to achieve a goal is to just lower the bar. This week we set a goal to explain how to best achieve your goals and more importantly how to structure those goals in a way to make them easy, challenging and fulfilling. If you live in British Columbia, Alberta or Saskatchewan 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

To make money you have to spend money, so that means the more I spend the more I make right? This week we jump into the Investo-dome for Fund-a-mania 2024 to see which type of investment fund comes out on top. We’ll talk about index funds, mutual funds and segregated funds and find out why all of them cost as much as they do and see how each of them could benefit your financial goals. If you live in British Columbia, Alberta or Saskatchewan 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

We did it bureaucrats, we saved the country from income inequality, now everyone is poor. This week we check in with several new reports on the growing trend of poverty in Canada and how 25% of people are struggling to cope with this new reality. Canadians are suffering from a perceived loss of control, increased stress and other related issues and are looking for a way back into the middle class lifestyle. If you live in British Columbia, Alberta or Saskatchewan 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: New StatsCan survey: https://www.statcan.gc.ca/en/survey/household/5378 Food Banks Canada Report: https://fbcblobstorage.blob.core.windows.net/wordpress/2024/06/FBC_2024PovertyInCanada_ENG_v6.pdf

There’s only one way to truly deal with my deep emotional struggles… Shopping Spree! This week we review “In the Realm of Hungry Ghosts” by Gabor Mate and talk about how the same underlying roots of addiction influence our poor spending choices. Better understand what our brain is doing and how we try to cope through addiction, spending and other long term destructive patterns done to make each day more bearable. If you live in British Columbia, Alberta or Saskatchewan 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

So when do I start having debt freedom? That’s the neat part, you don’t! This week we talk about how our culture of debt  is designed to keep us in debt and how investors profit from it. Learn about asset backed securities, various mortgage repacking strategies and other ways your debt makes other people money, or even yourself? If you live in British Columbia, Alberta or Saskatchewan 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: CMHC Total Outstanding Debt Report: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-data/data-tables/mortgage-and-debt/total-outstanding-debt-payment-financial-obligation-canada-cma

Oh God, not the verbal bees, I can’t take anymore of these buzzwords. This week we talk about clarity, priorities, leveling up and saying no along with other concepts Christine learned recently at a coaching event and reading two different books. We examine “10x is Easier than 2x” by Dan Sullivan & Dr. Benjamin Hardy and “Essentialism” by Greg McKeown and find out how to live with clarity and intention. If you live in British Columbia, Alberta or Saskatchewan 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

This week we respond to a fan question about whether or not it’s a good idea to withdraw from an RRSP before age 71. We talk about strategies that can work and some of the pit falls that can increase taxes, lower benefits and generally waste your hard earned investment gains.   If you live in British Columbia, Alberta or Saskatchewan 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

Picking a fund is like buying an apple… why are there so many of them... Gala and Fuji are different… forget it I’ll just get this green one. This week we go behind the scenes and talk about how we evaluate and compare investment funds for our clients day to day, all without losing our sanity. We talk about how we break down geography, risk, sector, performance, philosophy and other metrics all through the lens of a clients story and financial goals in life. If you live in British Columbia, Alberta or Saskatchewan 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

A dollar saved is a dollar that still doesn’t trust you. This week it’s another edition of financial planner confessions as Christine give you quick tips on how to save money and better allocate your financial resources. Money saving tips such as don’t take kids to candy stores, keep Christine away from espresso beans and how to assign true value to all the shiny things we want.   If you live in British Columbia, Alberta or Saskatchewan 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