No BS Finance

Tax season is upon us, and with that being said, I figured it would be a good time to do a basic intro to taxes. This episode is primarily touching on how to file, and some goods tips and tricks to help you out while filing. This won't be a detailed look at how to reduce your taxes, but is more of a general tax understanding and key information episode. If you have any questions on todays epi...

On this weeks episode of No BS Finance we are covering a poll done by RBC on the state of people’s finances. I do my best to break down the report and cover the key topics that I believe are of interest to you.  I definitely go on more than one rant during this podcast, but I think a lot of useful actionable tips come out of this one that you can apply to your finances right now to help you feel m...

On this episode of No BS Finance we are getting back into investments after a brief hiatus. Todays investment topic is Bonds.  Bonds are usually only known by people in the finance world, but often make up a good portion of peoples portfolio, yet people have no idea what they are or how they work. So today we are breaking down those barriers and learning all about what they are, how they work, and...

It's bonus episode time here on No BS Finance because we are talking about a finance news story that is sweeping the USA and Canada. That's right, we are talking all about the collapse of SVB bank. I talk about what happened, why it happened, why it matters to you, and just generally break down the story so you can understand it. Helpful links to the full story: https://www.theguardian.c...

We are back on the investment train this week talking all about GIC's. These investments are picking up popularity these days due to the rising interest rates, so we'll talk about what they are and how they can work for you and your portfolio. If you have any questions, scenario's from your own life that you would like me to cover on the podcast, or would like to set up a one-on-one...

On this episode of No BS Finance we are dissecting the results of a poll done by BMO regarding how much Canadians believe they need to retire. The answer is definitely more than you think.  I'm going to break down the numbers and hopefully make the report a little less scary than it seems in all the headlines. If you have any questions on the podcast, or would like to set up a one-on-one pers...

This week on No BS Finance we are covering all things Mutual Funds. They work similarly to ETF's, but definitely have their own nuances that need to be covered. I talk about how they work, why they are so popular (an unpopular in some cases), and if they can work for you.  Also, in this podcast, I talk about another podcast that I listen to that has really helped me understand Canada business...

In this episode of No BS Finance we are keeping the investment train rolling by talking about ETF's (Exchange Traded Funds). I've talked a bit about these before, but today I go into more detail about what they are, why they're so popular, and if they can work for you and your portfolio. If you have any questions or would like to schedule a personal finance consultation, I can be re...

In this episode of No BS Finance we are starting our dive into the world of investments by talking about Stocks.  In this episode I talk about the two different types of stocks and the characteristics of each, I talk about how people generally make money off of stocks, and we finish off with why this information matters to you and your finances. If you have any questions on the podcast or would li...

On this episode of No Bs Finance we are going to be diving into the world of stocks by talking about both stock exchanges and indexes. I get deeper into what they are and what they aren't, I define some finance jargon that is often associated with these topics, and then most importantly, I talk about why this information matters to you. If you like the podcast, be sure to give it rating, a do...

In this episode of No BS Finance we are getting into the topic of IPO's, mainly about what they are, how they work, and why companies do them. Also, at the end of this podcast I am going to be covering a real life scenario where I'll share my thoughts on the situation and what I would most likely do. If you have any questions or would like to set up a one-on-one consult, I can be reached...

This week on No BS Finance we are covering the two major types of companies in the economy: Private and Public companies. I'll be discussing what they are, how they work, and why it all matters to you. If you have any questions or would like to set up a one on one personal finance consult, I can be contacted at the following: @no.bs.finance nobsfinancenick@gmail.com

In this weeks episode we are talking about the very broad and complicated topic of the economy. This episode is kept fairly broad and high level to set a good foundation before this podcast dives into more specific topics inside of the economy.  I talk about what the economy actually is, the different types, various indicators of economic health, and why it may matter to you. If you have any quest...

In this episode we will be covering a new savings account that is becoming available in 2023 called the First Home Savings Account (FHSA). I'll talk about when it's coming available, what the benefits and drawbacks are, and why it might be right for you. Also, I'll be providing some context and commentary on a major finance news story in Canada that has been developing over the last...

This episode will conclude the three part mini-series on the various savings accounts available in Canada. Today, we are finishing off by talking about the RESP, including what it is, what the pro's and cons are, and how you can maximize it in tandem with the RRSP and TFSA. If you have any questions about RESP's or any of the other savings accounts, you can reach me at the following: nob...

We are picking up right where we left off in the TFSA episode, but this time we are covering RRSP's. We cover all you need to know about this savings account, including what it is, what the benefits are, what the drawbacks are, when should you max it out, and how should you use it in tandem with the TFSA. If you have questions or want to schedule a consult, you can reach me at the following:...

This episode on TFSA's is the start of a three part series on savings account. There is a ton of knowledge packed into this episode, as we cover everything you need to know about the TFSA. Timestamps for the podcast are as follows: 0:00 - Intro 0:57 - What is a TFSA 6:52 - Pro's and Con's 11:14 - How to set one up 20:22 - Maximizing your TFSA 32:12 - Summary and Final Comments If yo...

On this week of No BS Finance podcast I cover everything budget related. I talk about what budgets are, what I think of them, and how to build an effective one if you choose to use one.  Reach out at the following links to ask questions or set up a one on one consult:  nobsfinancenick@gmail.com @no.bs.finance

What are the big credit card companies? How do they benefit? Whats the best way to pay off your credit card? What is a good way to think about your credit card approach? All these questions and more will be answered on this episode of No BS Finance. If you have questions or want to contact me regarding a personal finance consultation, reach me at: nobsfinancenick@gmail.com @no.bs.finance

Why do FX rates matter to you? Why do we always take out cash before we travel? Whats the difference between my savings and chequings account? How are the banks making money off me? All of these questions and more are going to be answered in this first episode of No BS Finance. Email your questions, real-life scenario's, or requests for consults here: Email: nobsfinancenick@gmail.com Instagra...