The Clear Money Mindset

Get ready to dive into the latest and greatest tax updates. Josie Hope, CPA with LJ Business Solutions is talking 2023 taxes with Ben. Some changes that you should know about before you file (which now must be done digitally or else you can incur a hefty fee.) Some of the things we touch on this informative cast include: 

• Multigenerational home renovation tax credit 
• Property flipping changes 
• Changes to the temporary flat rate...

How do you define success? Is it lots of money, flashy cars, a dream job, exploring the world or spending time with family and friends? 

“Think of success as a four-legged table, with each leg representing a quadrant. Each quadrant depends on the other.  If they don’t all play their part equally, the table collapses. If one leg is spindly or cracked, it’s tough to maximize your life satisfaction, no matter how solid you might be in...

Tune in to the most financially festive podcast of the season with your favourite financial five. The Team at Davies Financial is at it again for our annual Christmas podcast. Get ready for a sleigh ride of laughs, dad jokes, and all things merry and monetary. This year Ben is joined by the staff of Davies financial where Alicia, Victoria, Melissa, and Andrea tolerate Ben’s jokes on this company mandated Christmas podcast that have...

Episode Focus: Critical Illness Insurance—This episode provides critical information with expert insights from Jeff Minaker, Account Executive from Empire Life. A great chat on personal finance, as Jeff explains the strategic importance of this coverage.

- 🚀 Elevate your financial knowledge and make informed decisions for you and your family. - 📈 Learn why Critical Illness Insurance is a key player in your financial portfolio. - ...

On this episode of The Clear Money Mindset we are going to shed some light on the importance of Disability Insurance. Did you know that statistically, 1 in 4 people will experience a disability in their working years? 

This episode is dedicated to exploring Disability Insurance, Jamie Kenrick of RBC insurance joins Ben and offers his expert advice as we navigate this critical aspect of financial security that will empower you to pr...

“Nothing is Certain but Death & Taxes”- Benjamin Franklin   

A Will is a great start to an Estate Plan and sometimes a properly done Will is enough, but sometimes a Will is not the best option when it comes to our final planning needs, and it can fall short - leading to a costly and stressful settlement after our death. In today's podcast we have Ashley Harmon, a Lawyer, and Partner with Hogarth Hermiston Severs LLP. Ashley spe...

Life insurance as part of your overall investment strategy.   

Many people think of life insurance as a product that protects your loved ones in case of your death.  We don't always think of using it as an overall investment strategy, but there are some interesting ways you can use life insurance to build and transfer wealth. In this latest episode Ben spills some creative ways that you can use life insurance. Some highlights inclu...

When it comes to finances, the bad decision is often the easiest to make. It is important we become mindful of those decisions and take steps to correct them. In a world where spending can happen in seconds and technology powers our lives, it’s easy to lose track of where our spending happens. In this edition of Savings Snippets, Ben outlines 5 common mistakes that many of us are making with our money and hands out some advice on w...

What do you get when you cross a TFSA with an RRSP and use it to save for your first home? 

The First Home Savings Account – A unique new investment account that we are excited to share with you. This is the multitool of savings vessels and offers the non-taxable withdraw of a TFSA with the Tax deduction of an RRSP. You can contribute up to $8,000 a year with a lifetime maximum of $40,000. This plan is designed to be used as a down...

In the financial world there are so many ways to approach a singular issue - how to make the most money with the resources you have, so you can live the life you want to. Most plans would have a similar focus and that is to make sure that you are paying down debt, budgeting and saving money. On Today's Podcast we are objectively presenting you with another way of approaching your goals. We have invited Phil Medler, a certified coac...

Life Insurance. 

You have heard of it, you may have some, or at least know that you should have it.  

Life insurance is something you, yourself, will not use but could mean everything to your family. In a world of ever-increasing costs and expectations, peace of mind in knowing that your loved ones will be taken care of in the event of your death is important (this is especially true in single-income homes with dependents). 

The li...

It may seem early but now is the time to start thinking about your taxes for 2022-2023 tax season. This podcast is a wonderful way to make use of a cold & dreary January day. We have the knowledgeable Josie Hope, CPA - LJ Business Solutions, once again joining this podcast where she and Ben discuss some of the latest updates that you need to know for this tax season.  

On our cast today we are chatting about: 

-TFSA Contribution Li...

Oh-ho-ho my, it’s that time of the year again.  

The Davies Financial Team is at it again, bringing on the holiday season with our Christmas Special Podcast Version 2.0. Ben, Andrea and Victoria get in the holiday spirit with some holiday trivia, fun festive facts, nostalgia, laughs and we’ve even thrown in some facts on how to stay safe when buying online (after all, it is a financial wellness podcast).  

To all of our listeners a...

When planning for the future there are so many things to consider, planning for a person with a disability creates a unique set of challenges, we want to make sure that our loved ones are provided for and that their needs continue to be met. Today on the Podcast we welcome back Sebastian Schmoranz from McGregor, Sims, Schmoranz Law Office. Sebastian and Ben discuss some of the things that you can do from a legal standpoint to help ...

A podcast and a giveaway, what a beaut! 

When we think of a budget, we don’t always jump up and down with excitement. It can seem daunting and make us feel restricted. What good is a budget if it is too rigid to stick with? 

Enter PocketSmith, a New Zealand based budgeting app company, this app is as unique and individual as the person using it, it can help create flexible and sustainable budgets. When a client recommended this to ...