Moolala: Money Made Simple with Bruce Sellery

In this episode we dive into the powerful “light-bulb moments” that can transform the way you manage your money. Bruce Sellery speaks with personal finance expert Preet Banerjee, who shares the compounding insight that changed his financial life at age 16—plus the surprising math behind why starting early matters far more than saving perfectly. Then, Bruce talks with Julie Kuzmic of Equifax Canada, who explains the often-misunderstood mechanics of credit scores, from utilization timing to how collection accounts really work.

Later, RBC’s Lucianna Adragna joins to unpack new research on why parents struggle to talk to their kids about money, and how to make financial lessons part of everyday life. The episode wraps with Didier Lavallée of Tetra Digital, explaining what Canadians need to know about Stablecoin, why it’s gaining popularity, and how blockchain-enabled digital dollars may shape our financial future. A packed, practical episode full of insights to help Canadians make smarter, more confident money decisions.

To find out more about the guests check out:

• Preet Banerjee: Instagram
• Julie Kuzmic: X/Twitter | LinkedIn
• Lucianna Adragna: X/Twitter | Facebook | Instagram
• Didier Lavallée: LinkedIn
• Tetra Digital: LinkedIn

Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple.

Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

In this episode of Moolala: Money Made Simple, Bruce dedicates a full hour to personal finance legend David Chilton, author of The Wealthy Barber. Nearly four decades and millions of copies later, Chilton has fully updated his Canadian classic for a new generation facing soaring housing costs, ubiquitous credit and constant social-media-fueled temptation. He shares the story behind the original book, why he chose a barbershop narrative, how he self-published before it was cool, and what really happened when Canada Trust and Costco helped turn The Wealthy Barber into a phenomenon. Bruce and David also talk about family, travel, homeschooling, and what it was like for his kids to grow up with “the Wealthy Barber guy” as their dad.

Then, they dig into the money lessons that still matter most: paying yourself first, crushing high-interest debt, using spending summaries to spot the leaks, and why car costs are quietly wrecking so many budgets. David explains how small daily changes can add up to fully funding a TFSA, why side hustles can be a game-changer, and how high-fee products still undermine long-term returns. He also looks ahead to the future of money, from AI and employment to open banking, and shares the one change he wishes every Canadian would see: practical, engaging financial education for teens that actually sticks.

Find out more check out thewealthybarber.com and connect on Instagram, Facebook, YouTube, TikTok, LinkedIn, and X/Twitter.

Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple.

Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

Investment coach Aman Raina shares his personal story supporting a parent with dementia and outlines signs it may be time to help: compulsive calls, unpaid bills, or social withdrawal. He offers a compassionate playbook: start with check-ins, get power of attorney in place, organize key documents and accounts, and understand bank rules so you’re acting on-side. For adult children juggling careers and families, Aman’s framework reduces overwhelm and helps you move from awkward conversations to concrete steps that safeguard your parents’ money and their dignity.

Find out more on agingparentsfinance.com and connect on Threads, BluSky and LinkedIn.

Portfolio manager Matt Ardrey demystifies the RRSP-to-RRIF conversion: when it must happen, how minimum withdrawals are calculated, and ways to avoid common pitfalls like OAS clawback and large end-of-life tax bills. He covers in-kind transfers (to fund a TFSA or non-registered account without selling), coordinating multiple RRIFs, and building a portfolio that reliably generates income so you’re not forced to sell at a loss. Practical, Canadian-specific guidance to make decumulation smoother and more tax efficient for the long haul.

Connect on X/Twitter and LinkedIn.

TikTok creator Claudia Gleason walks through her simple, transparent payday routine, starting with the pay amount, then allocating to emergency savings, rent, debt paydown, and goal buckets like travel. She explains using multiple high-interest savings accounts (or labeled buckets) to keep goals visible, how she leaves herself a realistic biweekly spend, and why public accountability helps habits stick. You’ll learn a flexible framework you can copy in minutes (no investing degree required) plus ideas for prioritizing funds when life changes (moving, big purchases) without abandoning long-term goals.

Find Claudia on TikTok and connect on Instagram.

Willful CEO Erin Bury explains the real-world costs of dying without a will - court delays, guardianship decisions for children, and extra legal fees and why powers of attorney for personal care and finances matter just as much. She debunks the “old or rich” myth, shows how modern online Will tools make it fast, affordable, and updatable, and shares the life events that should trigger action (kids, marriage/divorce, buying a home). Plus: tips for choosing an executor, organizing passwords and account lists, and why “progress over perfection” protects your family now.

Connect with Willful on Instagram and X/Twitter. Connect with Erin on Instagram and X/Twitter.

This week on Moolala: Money Made Simple, Bruce Sellery explores the “light bulb moments” that change how we manage money, starting with wills and estate planning. Willful CEO Erin Bury explains why every Canadian adult should have a will and powers of attorney, how today’s online tools make it fast and affordable, and what really happens to your family if you don’t. Then creator Claudia Gleason breaks down her viral payday routine on TikTok: biweekly budgeting, naming savings buckets, and balancing emergency funds with fun money—so you can borrow the parts that fit your life. Next, Matt Ardrey from TriDelta Private Wealth, demystifies the RRSP-to-RRIF conversion: minimum withdrawals, tax implications, in- kind transfers, and portfolio tips for sustainable retirement income. Finally, investment coach Aman Raina shares practical signs it may be time to help your parents with their finances, plus steps to make that conversation and the paperwork easier.

To find out more about the guests check out:

• Erin Bury: Instagram | X/Twitter
• Willful: Instagram | X/Twitter
• Claudia Gleason: TikTok | Instagram
• Matt Ardrey: X/Twitter | LinkedIn
• Aman Raina: agingparentsfinance.com | Threads | BluSky | LinkedIn

Bruce Sellery is a personal finance expert and best-selling author. As the founder of Moolala and the CEO of Credit Canada, Bruce is on a mission to help you get a better handle on your money so you can live the life you want. High energy & low B.S., this is Moolala: Money Made Simple.

Find Bruce Sellery at Moolala.ca | Twitter | Facebook | LinkedIn

Jonathan Hackett, Head of Sustainable Finance at BMO, explains how the bank’s Indigenous Bond channels capital to Indigenous-owned businesses, community infrastructure, and on-reserve lending while meeting institutional investor demand for measurable social impact. We dig into how these bonds differ from “plain vanilla” debt, why supply and long-term holding matter, and what retail investors can realistically do (think sustainable bond funds). Plus: a candid look at risk management, data, and why doing the homework often leads to lower loan losses and better long-term outcomes.

PWL Capital Portfolio manager, Dan Bartolotti, walks through how to support parents or relatives in financial trouble without sinking your own plan. We discuss assessing whether you can help via a real financial plan (not back-of-the-envelope), setting clear boundaries to avoid enabling overspending, and deciding when “strings attached” make sense. You’ll hear best practices for sibling coordination, navigating incomplete info or embarrassment, and preparing for cognitive decline with tools like trusted contacts and powers of attorney.

Fee-only planner and author Shannon Lee Simmons shares the formative experience that shaped her approach to rainy-day money and why the act of saving beats chasing a perfect number. We cover how to size an emergency fund based on your income risk (entrepreneur vs. salaried), the psychology of having cash on hand to avoid debt, and a pragmatic target: cover core bills and groceries for at least one cycle. You’ll learn how to protect your sleep at 3 a.m., keep “mad money” untouchable, and build a buffer that fits your real life, not someone else’s rule of thumb.

Connect with New School of Finance on Instagram and connect with Shannon on Instagram.