Moolala: Money Made Simple with Bruce Sellery

“Loud Budgeting” and “Soft Saving”: A Look at the Latest Personal Finance Trends on TikTok | Full Episode

“Loud Budgeting” and “Soft Saving” are the latest TikTok trends. Personal finance columnist Lesley-Anne Scorgie takes us through what they’re all about. Then, the federal government plans to lower the criminal rate of interest. Donna Borden from Acorn Canada tells us how the cap might tackle predatory lending. And, Jason Mullins from goeasy Ltd., shares why he thinks the policy might have unintended consequences for borrowers. Plus, we’ll speak with Ellyce Fulmore, financial educator and founder of Queerd Co., about her book Keeping Finance Personal: Ditch the “Shoulds” and the Shame and Rewrite Your Money Story.

To find out more about the guests check out:

• Lesley-Anne Scorgie: mevest.ca | Instagram | X(Twitter) | Facebook
• Donna Borden: X(Twitter) | Facebook
• Jason Mullins: Instagram | Facebook
• Ellyce Fulmore: queerdco.com | Instagram | TikTok

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

Don’t Buy a Car, Subscribe To One

Buying a car is expensive. So, many choose to finance or lease their car instead. But that is still a costly commitment. For those who may not need a car for a long-term there now is Roam, a car subscription service. Founder and CEO, Apoorv Gupta, joins us to tell us what exactly it is and how it works.

Find out more at Roam Auto and connect with Facebook, Instagram, LinkedIn.

 

What is a HENRY?

There is a new person in town called HENRY and it is not your next door neighbour, it is a ‘High Earner, Not Rich Yet’ individual whose household net worth is high but don’t feel wealthy. Andy Smith, executive director of financial planning for Edelman Financial Engines, joins us to give us more on this term and why people feel like that.

Find out more at edelmanfinancialengines.com and connect on X(Twitter), Facebook and Instagram.

Can We Live To a 150 and What Does That Do To Financial Planning

There could be a time in the near future where we can live to 150 years old and how would that affect retirement savings. Darren Coleman, senior portfolio manager at Coleman Wealth at Raymond James, joins us to talk about how the financial planning industry has it wrong when it comes to giving retirement advice.

Find out more about Darren on YouTube and LinkedIn.

What Is a Scholarship Trust

We are joined by Aravind Sithamparapillai, an associate at Ironwood Wealth Management, to break down everything you need to know about what a scholarship trust is before jumping into that decision and how it differs from an RESP.

Connect with Aravind on LinkedIn, X(Twitter) and Instagram.

How Living Longer Can Impact Your Retirement Plan | Full Episode

If you’re considering saving for your child’s education using a group RESP or scholarship trust, there are some things you should be aware of first. Aravind Sithamparapillai from  Ironwood Wealth Management is here to tell us how they work. Then, what happens to our finances if we live longer? Darren Coleman from Coleman Wealth at Raymond James tells us what he says the financial planning industry has wrong about retirement. Then, the rise of people who consider themselves to be ‘high earners, not rich yet’ or HENRYs. Andy Smith from Edelman Financial Engines tells us more about what the term means. Plus, we’ll speak with Apoorv Gupta, Founder and CEO of Roam, a car subscription service.

To find out more about the guests check out:

• Aravind Sithamparapillai: LinkedIn | X(Twitter) | Instagram
• Darren Coleman: YouTube | LinkedIn
• Andy Smith: edelmanfinancialengines.com | X(Twitter) | Facebook | Instagram
• Apoorv Gupta: Roam Auto | Facebook | Instagram | 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

Money Date

While it can be uncomfortable talking about money in any relationship but it is important to talk about it. One way to start is to have a ‘money date’. Vanessa Bowen, chartered professional accountant, money coach and founder of financial services Mint Worthy Co., joins us to take us through what a ‘money date’ is and how it works.

Find out more at mintworthy.co and connect on Instagram.

Adding Investing to Financial Literacy for Kids

Kids and money are a topic on this show but most times we cover the basics of cash flow and debt. Pavi Toor believes there is a place for investing in financial literacy, specifically, investing in dividend paying stocks. Pavi runs a non-profit called Young Guns Weightlifting and Boxing Club and author of Learn 2 Invest Kid and he joins us to explain of why it is important.

Find out more at learn2investkid.com and connect on Instagram and Facebook.

The Cost of a Child in Canada

The cost of living has gone up in almost every category of life but how much does it cost to raise a child. We talk to Sandy Yong, personal finance writer, TEDx and keynote speaker, about her piece in MoneySense about how much does it cost to raise a child in Canada.

Connect with Sandy on LinkedIn, Facebook, Instagram, and X(Twitter).

The Cost of Adding a Furry Friend To Your Family

If you are thinking of adding a furry addition to your family, it comes with a cost. We talk to Dr. Matthew Richardson, veterinarian and president of the Ontario Veterinary Medical Association, about how much you need to budget and break down some of the important costs when it comes to caring for a pet.

Find out more at ovma.org and connect on Facebook, X(Twitter), and LinkedIn.