Goals That Matter
Goals that matter. Many people work for goals that don’t actually matter to them. In many cases, society tells us what is important and we end up pursuing unfulfilling goals. In this episode, Richard and Matt discuss what we need in order to pursue the financial goals that matter to us. Resources from this episode: […]
Who Is Day Trading Your Attention
Who is day trading your attention? There is so much noise and misinformation in every form of media. It is so difficult to know where the truth lies. We need to be aware of the shiny objects trying to steal our attention. In this episode Richard and Matt talk about how to cut through the […]
Why people don’t trust RRSPs
Why people don’t trust RRSPs. The RRSP was a tool created by the federal government in 1957 to help people put aside money for their retirement. Over the years, people have started to mistrust the RRSP. In this episode, Richard and Matt address most of the common concerns about the RRSP.
The Importance Of A Properly Structured Insurance Plan
There are unfortunate circumstances that can destroy our financial futures. In this episode, Richard and Matt discuss the importance of having a properly structured insurance plan to protect the goals that matter.
The Power of Proper Estate Planning
Without a proper estate plan, everything you’ve built is at risk of being torn apart by taxes and fighting within the family. In this episode, Richard and Matt discuss the keys to a proper estate plan and protecting your legacy.
The Retirement Puzzle
When planning for retirement there are so many puzzle pieces that makes it difficult to know how much income you will be getting. In this episode, Richard and Matt talk about how to fit these pieces together.
The Retirement Conundrum
Too many people are running out of money in retirement and needing to compromise their lifestyle. No one envisions this. In this episode, Matt and Richard dive deep into the problem and suggest strategies to solve it.
The Launch Episode
In this episode, Matt and Richard discuss why they created this podcast and how it is an answer to the noise and confusion that is stalling people’s financial progress.
Why financial planning needs to change in 2021
12,000 years ago, our hunter-gatherer ancestors began to think differently. Hunting and gathering was a painstaking and dangerous process that yielded short term results and often left them hungry. They tried their hand at farming and their food supply became relatively more predictable, if they planned ahead. Their efforts also yielded surpluses that they could […]
Who do you trust?
As published in The Richmond News. We are born to trust. Without trust, we would never have learned to walk, talk, take care of ourselves and others nor learned to give our value to the world through the relationships we foster and the careers we pursue. If we have had a good experience of trust […]
Be a Truth Teller
On April 30, 2009, near the bottom of the massive global credit crisis, Chrysler LLC filed for Chapter 11 bankruptcy protection to renegotiate its debt and other obligations. The result was that most of its assets were sold to a new company, Chrysler Group LLC. Although several groups cooperated in the reorganization, the leadership for […]
What Gratitude Means to Us
There is a phrase that we use a lot in our family: “We stand on the shoulder of giants.” To us it means that so many people came before us and by their blood, sweat, tears, and sacrifices we are here today. This all comes down to the principle of gratitude. The biggest enemy working […]
Don’t Let Your Fear Outweigh Your Faith
We spend our lives either pursuing pleasure or avoiding pain. Obviously, pleasure is a far more desirable outcome than pain but I would like to focus on the acts of pursuit (guided by faith) and avoidance (guided by fear), as they will determine our outcomes. Faith and fear are both necessary and it’s status quo […]
Always Create More Than You Consume
While listening to a podcast by Robin Sharma, one passage profoundly struck me: We live in a civilization of consumers. Buy this, eat this, do this, consume this. But the top 5%, those who play in the rare air of world class are not consumers, they’re creators. Let’s be clear. Consumption is not evil! We need […]
The Power of Volunteering
A good friend of mine once told me that most people are not born volunteers. However, we are hard wired to help others when asked. I’m asking. The world needs you and you need it. We are all built for community! The United Nations Volunteer site says it well: “People the world over engage in […]
The Mortgage vs. Savings Dilemma
After all the bills are paid, we sometimes find ourselves with a surplus of cash and wondering how best to use it. Your options for available cash fall into three categories: spend it, invest it, or pay down debt. Trying to balance saving as much as possible while still trying to pay down a mortgage […]
Do Nothing With Your Inheritance – for Now.
Occasionally, we may receive a windfall – a large, unexpected sum of money. In most cases, these windfalls come from inheritances, usually from parents or grandparents. The fact is, the money usually comes as a result of hard work and a series of prudent investment choices over time. This gift implies a level of responsibility […]
5 Ways to Be Smart When the Markets Drop
We all love market volatility – as long as it is on the upside!. Unfortunately, history has shown us that every bull market is often followed by an aggressive bear market. Sometimes the market falls hard and fast, but that doesn’t have to mean catastrophe. Being smart when times are tough can be just as […]
A Financial Plan – the Missing Piece of the Puzzle?
Doesn’t it drive you crazy when you get to the end of a jigsaw puzzle and it’s ruined because you’re missing one final piece of the puzzle? Why then are we not more disturbed when we realize that the key piece of our own life’s masterpiece is missing? The Financial Planning Standards Council conducted a […]
Making Your Mark
The work is almost done. You’ve accumulated a nest egg that will assure the retirement lifestyle you planned for. The golf course beckons, as does that year-long world cruise. You are happy – or are you? I like to focus on the positive, but we need to address a disturbing trend – traditional retirement often fosters decay and depression. The problem is simple. Human beings are goal […]
