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Book Review – The Wealthy Barber Returns by David Chilton

The Wealthy Barber ReturnsThe author of the popular book “The Wealthy Barber” has done it again with his new book “The Wealthy Barber Returns”. He wrote this book out of frustration watching Canadians savings rates diminish and debt levels soar out of control.  This new book shows humor on a topic that most of us don’t want to talk about, but who need the information now more than ever.

Although Chilton has dropped the characters from the original story, it’s still laced with wit and humor and makes for an easy read on an otherwise dry topic. The world has changed since the original barber named Roy was giving advice. We were just getting into the world of online trading using program trading tactics, the markets were generally up, with some significant crashes around the time this original book was published. At that time the late baby boomers were starting to sit up and ask questions about their finances. Continue reading

Posted in Book Reviews


Podcast – Back to school

Back to School 

Featuring: Christine White and Karen Richardson: Family Money Experts from www.moneycoachescanada.ca

Back to school season is almost here! Christine and Karen, both moms and Money Coaches with Money Coaches Canada, talk about back to school shopping, managing kids activities, and ongoing school costs throughout the year!

Listen in for great tips and helpful information to get your kids back to school while staying on track with your family finances.

Listen to our Let’s Talk Money Podcast by clicking the link below

Back to School

You can download the Activities Worksheet Christine talks about here: Activity Worksheet

Posted in Podcasts


Retire your debts before you do

Karin Mizgala Money Coach Salt Spring Island BCby Karin Mizgala, MBA, CFP

Most people are worried about how the stock market will limit their ability to retire, but it’s even more likely that their debt load will be a bigger hindrance. Here’s why. Debt seriously affects how much money you will need to cover your expenses in retirement. The larger your debts are, the more you will need in pensions or savings to cover those payments – on top of your living expenses.

Continue reading

Posted in Debt, Money Coaching


Podcast: Buying vs. Leasing

Buying vs. Leasing 

Featuring: Ian Nethercott, Car Happiness Expert from www.freecarbuyingtips.ca

Buying vs. Leasing – this common question is addressed in this month’s Let’s Talk Money Podcast.  Listen in for for great tips and helpful information to get you thinking about what you need to know and what to ask when you are negotiating your next car deal.

Listen to our Let’s Talk Money Podcast by clicking the link below:

Buying vs. Leasing

 Don’t miss Ian’s free e-book with great tips available at www.freecarbuyingtips.ca

Posted in Podcasts


Podcast: Credit score – what do I need to know?

Credit Canada Debt Solutions

We hear a lot these days about debt and credit.  Canadians on average are carrying more debt than ever.  Are you wondering about your credit rating and your credit score?

Join Karen Collacutt, CFP and Jean Riddell from Credit Canada Debt Solutions as they discuss your credit score and rating, how to maintain good credit, and what to do if things go off track.

Listen to our Let’s Talk Money Podcast by clicking the link below:

Credit Canada Debt Solutions

Credit Canada Debt Solutions can be reached at (1-800-267-2272 ) or www.creditcanada.ca 

Posted in Debt, Podcasts


Podcast: Retirement – how much do you need?

Featuring: Annie Kvick, Certified Financial Planner with Money Coaches Canada

The most asked question about Retirement Planning is How Much is Enough?  Retirement Planning expert Annie Kvick joins us to discuss what you need to know and where to go for information.  Listen in for tips, suggestions and resources.

Continue reading

Posted in Podcasts


Don’t give-up on retirement yet

by Karin Mizgala

Think retirement is out of your grasp? The current economic downturn and the consequent impact on investments have caused many people to worry about their pensions and to re-think their retirement options. The financial news these days can certainly be disheartening, but things might not be as bad as you think. Do you really know where you stand?

The fact is about 1/3 of Canadians people with less than 5 years to retirement don’t have a retirement plan. If you are one of those who haven’t mapped out a plan yet you might be worrying and putting off that next stage of life for nothing.

Here are ten basic – but essential – strategies and considerations to think about:

Continue reading

Posted in Budgeting and Cash Flow, Debt, Investing


How are we doing? – Client survey results and winner

A big thank you to all of our clients who provided us with feedback on their recent experience working with a Money Coaches Canada associate.

Robin from Vancouver is the winner of a $100 Chapters card from our most recent survey respondent’s draw. Congratulations Robin!

What our clients are saying

Once again 100% of our clients reported that after working with a money coach they feel more in control of their finances and received good value for the fees that they paid. Continue reading

Posted in Money Coaching


Book Review – Good, Bad & Downright Awful in Canadian Investments Today

Good, Bad & Downright Awful in Canadian Investments Today by Rob CarrickGood, Bad & Downright Awful in Canadian Investments Today
by Rob Carrick (Personal Financial writer at the Globe & Mail)

Written in 2010, post the financial market debacle of 2008-2009, this book offers a straight talking, no-nonsense, opinionated approach of the investment industry and particularly the various types of investment products. Filled with plenty of on-line resources, it’s a good read, with the benefit of hindsight for some key learning from the last downturn.

Continue reading

Posted in Book Reviews


Podcast – Investing in real estate

Investing in Real Estate

Have you been wondering about investing in real estate?  There is a lot of discussion about it in the media these days.  Are we in a bubble or is it still a solid investment?   Many people are wondering if it is a good idea for them and just how they might get started.  Join Karen Collacutt, Educator with the Women’s Financial Learning Centre and Director of Training with Money Coaches Canada and Joey Ragona, Real Estate Authority Coach & Investment Specialist with JDR Investments as they discuss what you need to know.

Listen to our Let’s Talk Money Podcast by clicking the link below:

Investing in Real Estate

Joey Ragona can be reached at his blog: www.EngagedInvestor.ca

Posted in Podcasts