Your Everyday Rich

We recap our family vacation to the most magical place on earth: Walt Disney World in Florida. Not only were we surprised at how crazy the crowds were (during low season) but how impressed the operations of Disney theme parks were run. And what that means to us if we are looking at Disney stock as an investment. Would we buy Disney (DIS) now? We also have an eye opening chat about the financial pr...

Ep 59 - TFSA Explained 🇨🇦 Everything you need to know about the Tax Free Savings Account I’m sure you have heard about the TFSA if you’re Canadian (eh!). Did you know it’s not just a ‘savings’ account? Chances are you might not being using it to its full potential because how it’s named. We like to call it the Tax Free Investing Account because that’s what it is used for. Investing your money and...

Can you spot me? Lending money to family and friends. This is tough one. There’s alot to consider when making this decision. What’s it for. How much? Do you expect to get it all back? Not to mention the emotional impact and potential complications that can arise from lending money to loved ones. We go through our own experience of lending money and how to not mess up your relationships by not sett...

If you have been lucky enough to own real estate the past 10 years, you’re probably sitting on alot of built up equity in your home. That’s alot of ‘dead money’ just sitting there. Should you, shouldn’t you? Does it make sense now? We talk about the FOMO of leveraging home equity for investing opportunities and how we would approach it. In any economic environment. We also talk about how to recogn...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 56 , we have an deep conversation with Sam Wallace, the founder of Re-mom, a coaching and maternity transition service for working mothers. We talk shop about her advocacy for work life HARMONY not work life balance. And important pillar to Your Everyday Rich and to ANY person. Sam reveal how she challenges traditional retir...

The stock market has been on a tear, and the reluctance of ‘buying at the top’ seems to be in the back of many investors minds, especially when stocks are at record highs. This leads to alot of indecision because no one wants to be the sucker to buy things when they are too expensive. But what does the historical data actually show over a LONG period of time? Would your portfolio be better off if...

Welcome back to another episode of Your Everyday Rich Podcast ! Join Jason and Jenn in E pisode 54 with special guest Samantha Chan . Listen to Samantha’s journey from being an engineer, working as an expat, to becoming an entrepreneur and real estate investor. She talks about starting and growing a business that had nothing to do with her formal education (Paint Lounge), and the challenges she fa...

Welcome back to another episode of Your Everyday Rich Podcast ! Join Jason and Jenn in Episode 53 as they dive into the surprising signs that indicate you're actually rocking it financially, even if you may not realize it yet . Ever wondered why you might feel like you're falling short financially when, in fact, you're doing pretty f*cking good? They break down the common misconception...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 52 Jason and Jenn celebrate 1 year of Your Everyday Rich podcast! The two shoot the ish about their wild ride in the podcasting world. From the ups and downs to the lessons learned, they keep it real. There were alot of messy bits! They chat about the importance of taking the just shoot first aim later mentality, staying tru...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 51, Jason and Jenn debut their very first listener Q&A segment! They answer a question from a listener who makes over $250,000 combined with her spouse but is concerned about increasing the income gap and achieving financial stability. They analyze the listener's expenses, including the big 3: housing, transportation...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 50, Jason and Jenn discuss the challenges they face in their respective industries due to not having gray hair. They explore the bias and assumptions that people make based on appearance and age. They emphasize the importance of earning respect and speaking up to assert authority. The conversation also touches on the cultura...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 49, Jason and Jenn have a nice chat with their friends Anandi and Sean, who share their unique life journeys and experiences.  Anandi, a first-generation immigrant, and Sean, a former Canadian Armed Forces member, met by chance and began a relationship. Anandi transitioned from corporate marketing to retail before exploring...

Welcome back to another episode of Your Everyday Rich Podcast! In episode 48,  Jason and Jenn share a huge life milestone of paying off their mortgage 1 year ago and reflect on what it has allowed them to do since.  They chat about their hesitations in initially sharing their story and the surprising reason why they didn’t talk about this accomplishment when it happened. A big part of the episode...

Welcome back to another episode of Your Everyday Rich Podcast! In episode 47 , Jason and Jenn discuss the dangers of debt, the allure of fast money, and the importance of financial literacy if you are going to trust someone with your money. They explore the rise and fall of Instapot as an example of the risks of taking on too much debt too quickly. They also draw parallels between NFTs and Tulip M...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 46 , join us for an intimate living room conversation as we unpack the social dynamics and pressures surrounding the decision to have kids. From the constant barrage of questions about when baby #2 is coming to the expectations of eager grandparents, we navigate the intricate web of societal expectations. Delve into the intr...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 45 , we have a living room conversation about the “ check engine light” of life .  It’s a term about aging that someone jokingly described to Jason few years ago, but didn’t take seriously until recently because of ‘things’ that started happening to his health.  And seeing ‘stuff’ happen this his friends also gave more reaso...

Welcome back to another episode of Your Everyday Rich Podcast ! In Episode 44 , we have a living room convo with Kevin Koo and Carmen Pun of Zenith Investment Properties who are media producers turned real estate investors while navigating parent life with a 20 month old.  We met them while in the same real estate mentorship program a few years ago and quickly found that we alot in common:   They...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 43 , we have a living room convo with our friends, the husband and wife team and founders of Eatable Inc . Eatable is refined snacking inspired by happy hour.  It’s  pairing a classic snack of popcorn, with flavours of the wine, spirits and cocktails.   Their story is what so many corporate 9 to 5 er’s talk about but only jo...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 42 , we have a living room convo about the complex relationship around money and the never ending human pursuit of possessions and wealth: How much money is “enough”? When is enough.. well, enough?  In Chapter 3 of one of our favorite books The Psychology of Money by Morgan Housel, this concept of hedonic treadmill is from t...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 41, we chat about helping you set up goals and plan for the new year.  Goal planning is important.  Having goals is important.  Goals create a sense of purpose and help you focus your efforts in achieving 'your everyday rich'.   However, many people don’t know how to properly set goals and as a result they end up giv...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 40 , we talk about what everyone’s thinking about during Christmas but too scared to speak up first for the fear of feeling cheap or guilty. It’s saying NO to buying Christmas gifts for everyone.  Yup, that’s right.  It’s the big elephant in the room during the holiday season since buying gifts for everyone can rack up a hea...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 39, we explore a unique concept we heard about from The Money With Katie podcast called the Hot Girl Hamster Wheel while we were traveling back from our family vacation.  It refers to the expensive maintenance of the traditional beauty standards our society has created towards women: manicures/pedicures, plucked eyebrows, ey...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 38 , Jason and Jenn discuss the latest tipping trends and how the rising expectations of who and how much to tip are causing people to even consider moving away from tipping altogether.  They debate how tipping should be applied, what countries have NO tipping and still get great service, and even how much you tip can lead t...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 37 , Jason and Jenn give the run down on how to figure out how much car you can afford using some guidelines and car buying rules.  They share their experience of buying used cars versus new, the debate of buying versus leasing, and why so many people end up spending so much more on their cars than they actually can afford. ...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 36, Jason and Jenn give the run down on their current favorite real estate investment strategy: student rentals.  With immigration numbers forecasted to rise even more, international students will make up a huge portion of that influx.  That hasn't even accounted for the local students yet! All this will continue to keep...