The Canadian Money Roadmap

EPISODE SUMMARYThis week we cover all things mortgages with Bud Jorgenson of The Mortgage Group.  Bud provides lots of great nuggets of wisdom as an expert on this topic!✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEHow to qualify for a mortgage Types of mortgages available CMHC insuranceTips for deciding on a down payment amount…and whether 20% down always makes sense RESOURCES MENTIONEDThe Mortgage Group OTHER EPISODES3. Buying a Car 12. Buying a House with Kindra Sowden 43. Should you Rent or Buy a Home? If you enjoy listening to the podcast, please leave a 5 star review on Apple PodcastsWant a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

EPISODE SUMMARYMy guest this week is Luke Hergott, a Chartered Professional Accountant (CPA) at EY.  Luke walks us through the steps you need to take to make sure you're prepared to file your taxes for the 2020 tax year.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEPersonal tax filing deadlinesHousekeeping items to be ready to file your taxes How income tax works in Canada Practical tips for filing your taxes RESOURCES MENTIONEDCertified tax software options CRA My Account COVID-19 Benefits and TaxesOTHER EPISODES7. Tax Basics and “The Next Bracket” Myth 41. Reduce your Taxes with Deductions and Credits If you enjoy listening to the podcast, please leave a 5 star review on Apple PodcastsWant a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

EPISODE SUMMARYIn this episode, Evan covers some of the myths and misconceptions about how RRSPs really work and how they might not be the best option for most people.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEBrief overview of how RRSPs work Myths about RRSP usage Ways to use an RRSP to your advantage RESOURCES MENTIONEDGovernment of Canada - RRSP InformationEY Tax Calculators & Rates OTHER EPISODES25. Reduce Taxes with a Spousal RRSP 29. RRSP, LIRA, TFSA…Where do you Withdraw From First? 38. The Perfect RRSP Strategy If you enjoy listening to the podcast, please leave a 5 star review on Apple PodcastsWant a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

EPISODE SUMMARYIf you're looking for some tips on the home buying process, this episode is for you! Kindra Sowden is one of Saskatoon's top Realtors and she gives some great advice when it comes to making one of the biggest purchases of your life. No pressure….✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEAll things buying a house Reasons you might want to use a realtorAssembling your home purchase dream team Step-by-step process of a home purchase Ways to make sure you make a good decision on one of the biggest purchases of your life RESOURCES MENTIONEDKindra Sowden - Website OTHER EPISODES6. Insuring Your Most Valuable Asset9. Do I Really Need a Will?  An Interview with Elizabeth WilliamsonIf you enjoy listening to the podcast, please leave a 5 star review on Apple PodcastsWant a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

EPISODE SUMMARYOn this week's episode, I'm actually the guest! This is an episode I recorded with Matt Ramage from the Sask Wedding Podcast where we discuss money conversations you should be having with your partner before your wedding and then as you build your lives together. Matt is a wedding and lifestyle photographer based out of Saskatoon. You can find him on instagram or on his website.✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEHow to manage money while planning a wedding Things to consider when shifting from handling your own money to handling money in a relationship Planning for expenses during marriage and life after the weddingRESOURCES MENTIONEDSask Wedding Podcast Matt Ramage (mj&co.) - Instagram Matt Ramage (mj&co.) - Website OTHER EPISODES5. Budgeting for People Who Hate Budgeting 9. Do I Really Need a Will?  An Interview with Elizabeth Williamson12. Buying a House Featuring Kindra SowdenIf you enjoy listening to the podcast, please leave a 5 star review on Apple PodcastsWant a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

EPISODE SUMMARYWe’re back with Season 2 of The Canadian Money Roadmap Podcast!  This episode focuses on TFSAs and will set you up to use them like a pro.  ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODE1. TFSAs are best used for building long term wealth.  Short term savings are best saved in a non-TFSA Savings account.2. You can (and should!) invest for growth within a TFSA.  Here's a link to the BMO study showing nearly half of Canadians thought they could only have cash in a TFSA 3. Building long term wealth starts and ends with a TFSA. Focus on maximizing your TFSA first and spend the TFSA money last in retirement4. By building the bulk of your savings in a TFSA, you'll be able to keep your future taxable income low as well.  This can have a significant impact on making sure you receive your full Old Age Security payments and potentially spend less money on other government subsidized costs like long term care that are indexed to your taxable income.RESOURCES MENTIONEDBMO study regarding how Canadian’s use their TFSA TFSA guide from the Government of Canada OTHER EPISODES24. TFSAs are Great but Watch Out….29. RRSP, LIRA, TFSA…Where do you Withdraw from First? 36. 5 Steps to Set Up Your TFSA for 2022 If you enjoy listening to the podcast, please leave a 5 star review on Apple PodcastsWant a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

Thanks so much for listening to Season 1 of the Canadian Money Roadmap Podcast! I've had a lot of fun and I've received lots of great feedback about this season's topics so I'm excited to prep for season 2 and get that out as soon as I can.This episode is a quick summary of the first season which focuses on your financial foundations.Feel free to reach out to me at evan@ennsbaxter.com! Want a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

EPISODE SUMMARYIn this episode, I'm joined by Elizabeth Williamson of Williamson Law in Saskatoon, SK.  She provides some advice and education on the basics of wills, whether or not you should have one (hint: you do!) and some risks involved with doing an online will.**This episode features discussion and advice most relevant to residents of Saskatchewan. Always consult with a legal professional in your home province when developing your own will and estate plan.**✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEInterview with Elizabeth Williamson of Williamson Law in Saskatoon, SKThe basics of a willTips to properly set up your estate Basics of a Power of Attorney and Healthcare DirectiveRESOURCES MENTIONEDWilliamson Law website and contact OTHER EPISODES6. Insuring your most Valuable Asset 46. Maximize the Tax Benefits of your Charitable Giving If you enjoy listening to the podcast, please leave a 5 star review on Apple PodcastsWant a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

EPISODE SUMMARYToday Evan interviews Alisha Esmail, the founder of Road Coffee Co.  Road is a coffee roaster based out of Saskatoon with a goal and story that goes well beyond a simple cup of coffee.  ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODEInterview with Alisha Esmail, founder of Road Coffee Co. Finding funding to start a businessDeciding whether to take a salary as the owner Pivoting during Covid-19 to remain profitable RESOURCES MENTIONEDRoad Coffee Co. Road Coffee - Origin Story and Beyond Fair ProgramGovernment of Canada - Business Grants and Financing OTHER EPISODES11. Money & Marriage - From the Sask Wedding Podcast w/ Matt Ramage 12. Buying a House Featuring Kindra Sowden 15. Mortgage Masterclass with Bud Jorgenson If you enjoy listening to the podcast, please leave a 5 star review on Apple PodcastsWant a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet

EPISODE SUMMARYEvan guides you through the basics of Canadian tax and helps you understand how income tax works in our country.  Evan also touches on the “next bracket myth” and helps clarify some common misunderstandings.  ✅ DOWNLOAD FREE RETIREMENT READINESS CHECKLISTTOPICS IN THIS EPISODETax basics Explaining a progressive tax system Understanding average vs. marginal tax rate The Next Bracket MythRESOURCES MENTIONEDEY Tax Calculator and Rates Government of Canada - Understanding Your Pay StubOTHER EPISODES14. How to File Your Taxes in 2021 Featuring Luke Hergott, CPA25. Reduce Taxes with a Spousal RRSP 41. Reduce Your Taxes with Deductions and Credits If you enjoy listening to the podcast, please leave a 5 star review on Apple PodcastsWant a personalized retirement plan? Retirement Readiness Scorecard 🇨🇦 Get your money organized - Your Full Financial Picture Spreadsheet