The Chiro Money Show

Market crashes aren't a matter of if — they're a matter of when. In this episode, Chris and Scott break down why bear markets happen on average every six to seven years, why trying to time your way around them almost always backfires, and what missing just the 10 best days in the market can do to 20 years of returns. They cover the two levers you can actually control — portfolio design and investo...

Scott hits a milestone this week — ten years as a Certified Financial Planner — and he and Chris use it as a chance to reflect on how financial planning has really changed over the past decade. They dig into why products were never the plan, how the industry shifted from advisors-as-gatekeepers to a world of direct access and AI tools, and why cash flow management remains the single most important...

What happens when you commit to financial planning the same way you'd commit to a personal trainer or regular chiropractic care? In this episode, Scott and Chris break down the compounding effect of ongoing financial advice — why the real value shows up over years, not in a single annual check-in. They walk through the research on advised vs. non-advised households (including some eye-opening stat...

If you're an incorporated chiropractor, you've probably heard the pitch from your accountant: pay yourself dividends instead of salary and save roughly $9,000 a year by skipping CPP. But is that actually true? In this episode, Chris and Scott sit down with Aravind Sithamparapillai of Ironwood Wealth Management — a CFP who ranked first nationally on his exam and has done deeper work on Canada Pensi...

This episode looks at whether buying into a hyped-up IPO is actually a smart move, using the SpaceX public offering as the case study. We break down how a company can carry a trillion-dollar-plus valuation while never having turned a profit, and what that gap between price and reality really tells you. Then we get into the historical data on IPOs, which paints a very different picture than the day...

In the final episode of our three-part investing series, we get into a third way to build a portfolio, one that sits between traditional active management and pure passive indexing. We unpack the research behind tilting toward value, profitability, and company size, why those factors have historically delivered higher expected returns over the long run, and how Dimensional Fund Advisors turns that...

Most Canadians have been told the same thing: ditch active management, buy a passive index fund, and you're done. But "passive" investing is nowhere near as hands-off as it sounds. In this episode, Chris and Scott break down what passive investing actually is, why there are 13 million indexes to choose from, and the surprising number of active decisions you're making the moment you pick a fund. Th...

Most Canadians have no idea how their money is actually invested — and the stats show that 77% of investor dollars are sitting in actively managed funds at the big banks. In this first episode of a three-part investing mini-series, Scott and Chris break down what active management actually is, why it's still so common in Canada, and what the data says about whether all those highly paid fund manag...

Most financial plans end up as a 60-page leather-bound binder collecting dust on a shelf. In this episode, Scott and Chris make the case that everything you actually need can fit on a single page — and walk through exactly what belongs on it. Inspired by Carl Richards' The One-Page Financial Plan , they cover why money matters to you, how to think about goals (or "guesses"), where you stand today,...

Roughly 80% of Canadians get a tax refund every year, with the average sitting around $2,000. But getting a refund isn't free money — it means you overpaid the CRA and lent them your cash interest-free. This episode breaks down why that happens, how to stop it, and what to actually do with a refund when it lands. We also get into RRSP planning, the lump sum vs. monthly contribution debate, and why...

A trillion dollars is expected to transfer from Baby Boomers to their children between 2023 and 2026 — one of the largest generational wealth transfers in Canadian history. But should that change how you're managing your own finances today? In this episode, Scott and Chris unpack what the data actually shows about inheritances in Canada, why building your retirement plan around one is risky, and w...

Dr. Parm Rai — chiropractor, founder of Lux Talks, and 22-year practice veteran — joins Scott and Chris to unpack the difference between looking rich and actually being wealthy. From his origin story in El Salvador (where he watched a woman walk for the first time in years after a Gonstead adjustment) to his decade-long delayed gratification on a Porsche 911, Dr. Parm shares the mindset that's sha...

Twenty years of financial planning experience between two advisors is bound to change a few opinions. In this episode, Scott and Chris get candid about the advice they used to give — on TFSAs, insurance riders, savings rates, cash flow planning, and paying into CPP — and how their thinking has shifted over time. Some of these are subtle evolutions, others are full 180s. 📊 Take the Financial Clari...

If you had to hire a chiropractor tomorrow to come in and take over your patient volume — just the adjustments, not the management, not the business decisions — what would you have to pay them? And after that, would there be anything left over? In this episode, we walk through a real-world example of a practice owner (we'll call him John) who's bringing in about $300,000 a year in revenue, carryin...

Should you throw your extra cash at the mortgage or put it to work in the market? On pure math, investing that extra $500/month wins by almost $80,000 over 20 years — but the math doesn't account for how you'll actually behave when markets drop 30%. We break down the numbers decade by decade, talk about why Morgan Housel calls paying off his mortgage the best money decision he ever made despite it...

Running a chiropractic practice means you're also running a business — but most practitioners were never taught how. In this episode, we sit down with April Stroink, certified CFO and founder of the Money Fix Institute, to talk about what it actually takes to get a handle on your practice finances. April shares her own hard-won story of financial chaos in a retail business she owned, and how that...

Most chiropractors have some version of a financial team — an accountant, an advisor, maybe an insurance broker. But knowing who's on your team is very different from knowing whose side they're actually on. The professionals in your financial corner aren't all incentivized the same way, and if you've never stopped to ask how they get paid, you might be surprised by what you find. In this episode,...

Is critical illness insurance actually critical to have? In this episode, Scott and Chris dig into what a CI policy is, how it works, and whether it deserves a place in your financial plan — even if you're young, healthy, and think you've got it covered. Scott makes the case for why he's had coverage in place since age 25, shares a personal story about his mom's cancer diagnosis, and breaks down k...

Every investor has opinions — but do you have actual guiding principles? In this episode, we walk through a real client conversation that revealed a critical gap between having an investment philosophy and actually following it when things get interesting. We break down the six guiding principles that drive every investment decision we make at Align Wealth, from avoiding market timing to managing...

In this episode, Scott and Chris sit down with Dr. Kyla Butz, a newly licensed chiropractor and Palmer graduate who has been documenting her journey from chiropractic student to first-year practitioner. Dr. Kyla opens up about the real financial realities of studying in the U.S. as a Canadian student — navigating exchange rates, student loans, and unexpected startup costs that hit the moment she g...

Can ChatGPT actually replace your financial advisor? In this episode, Scott puts AI to the test — feeding a detailed chiropractor scenario into an AI tool to see what kind of financial plan it would produce. The results were surprising, sometimes solid, and sometimes way off base. Tune in to hear what AI got right, where it fell short, and why "it depends" will always be the most important phrase...

With the Olympics underway, Scott and Chris put a fun spin on personal finance by drafting their ultimate "starting lineups" for financial success — using hockey positions. From offense (growth mindset, global investing, strong fundamentals) to defense (emergency funds, disability insurance, resilience) to the all-important goalie (life insurance, estate planning, and accountability partners), thi...

2025 was a wild ride in the markets—from Liberation Day chaos to all-time highs just 12 weeks later. In this episode, Scott recaps the year's biggest surprises, including why emerging markets beat the S&P 500 for the first time since 2017, what happened with Bitcoin and gold, and the critical behavioral lessons every long-term investor needs to remember heading into 2026. Chapters: 0:00 – Intr...

Warren Buffett retired as CEO of Berkshire Hathaway at age 95, ending six decades of legendary investing. We break down three timeless lessons from the GOAT that every chiropractor can apply to their wealth-building journey. What we cover: ✓ Time in the market beats timing the market ✓ Keep costs low and avoid complexity (plus his $1M bet against hedge funds) ✓ Behaviour matters more than strategy...

Tax planning doesn’t have to be complicated — but it does have to be intentional. In this episode of The Chiro Money Show , Scott Campbell and Chris Scheele from Align Wealth walk through foundational tax planning for chiropractors at every stage of their career — from new grads and associates, to practice owners in the long middle, all the way to those thinking about scaling back or exiting pract...