Your Everyday Rich

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 35, Jason goes solo to interview his stock market trading mentor Eddy Li.  During 2020 with people all locked down at home, day trading in the stock market became a massive phenomenon, prompting the rise and fall of meme stock and Wallstreetbets.  Many people made a fortune, but many more also lost it all.  Jason dabbled int...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 34 , Jenn and Jason talk shop about Tax-Free Savings Accounts ( TFSA ) and Registered Retirement Savings Plans ( RRSP ). Which is better for retirement?  Often debated as the Jordan vs LeBron argument for two popular Canadian investment vehicles, there are a few things that should be considered when picking which Allstar sho...

Welcome back to another episode of Your Everyday Rich Podcast! In Episode 33, Jenn and Jason are serving up a Thanksgiving-themed episode with a side of inflation discussion. Despite dealing with the remnants of a persistent cough, the hosts dive into the challenges of navigating Thanksgiving during an era of rising costs. Sipping on Oktoberfest drinks they serve up an pre drink of a living room c...

Welcome to another episode of "Your Everyday Rich" podcast.  *Raspy voice edition* In this episode of "Your Everyday Rich" podcast, Jason and Jen discuss the concept of work-life balance. They emphasize that this traditional notion of balance between work and personal life doesn't exist in the way it's often portrayed. Instead, they propose a more flexible approach, por...

Welcome to another episode of "Your Everyday Rich" podcast.  In Episode 31, Jason and Jennifer reflect on their recent experience with their son, Joshua, going through his first select/rep baseball tryouts.  Witnessing their sons’s first time being in a more competitive environment was an interesting experience and watching him go through the physical as well as the emotional aspects of...

Welcome to another episode of "Your Everyday Rich" podcast.  In Episode 30, Jason and Jennifer celebrate their recent 10th wedding anniversary and talk about insights about their decade long journey. They've learned that spending quality time apart and embracing personal hobbies is vital. They've discovered that roles and responsibilities in a relationship evolve over time, requi...

Welcome to another episode of "Your Everyday Rich" podcast.  In Episode 29 , Jason and Jennifer discuss a living room conversation about the question of maternity leave and its impact on women's careers. They discuss the financial aspects of extended maternity leave, including the cost of childcare and the trade-offs between being a stay-at-home parent and returning to work. They als...

Welcome to another episode of "Your Everyday Rich" podcast.  In Episode 28 , Jason and Jennifer discuss the costs associated with raising children. They reflect on various stages of a child's life, from infancy to adolescence, and the changing expenses that come with each stage. They talk about the rising costs of childcare, extracurricular activities, food, and even the financial bu...

Welcome to another episode of "Your Everyday Rich" podcast.  In Episode 27, Jason and Jennifer get into a living room convo about the challenges posed by herd mentality when it comes to the financial markets and investing, and how that impacts your money. With candid conversations and personal experiences, they explore the impact of blindly following trends, the dark psychological side o...

Welcome to another episode of "Your Everyday Rich" podcast.  In Episode 26, Jason and Jennifer get into a chat about how the interest rates are playing out in August 2023 and how it's influencing the whole "should I pay off my mortgage or invest" argument. They delve into scenarios based on fixed and variable interest rates, pondering the financial challenges of simultaneou...

Welcome to another episode of " Your Everyday Rich " podcast.  In this episode, Jason and Jennifer chat about debt and strategies for dealing with it. Having debt is pretty common even though we were taught to never take on debt, good or bad.  Regardless of what you borrowed the money for, debt can be really overwhelming especially when you’ve taken on too much AND the societal norms aro...

Welcome to another episode of " Your Everyday Rich " podcast.  In this episode, Jason and Jennifer chat to Taki Wong.  He’s a 25 year old working in the tech world who recently bought his first home, and get this… practically lives mortgage free.  That’s right… mortgage free.  After seeing the power of what real estate did for his immigrant parents during his childhood, he was keen on st...

Welcome to another episode of "Your Everyday Rich" podcast.  In this episode, Jason and Jennifer share how they got into real estate investing (REI). Why even think about real estate investing? What spurred the idea? Who started the convo? What fears and reservations they had.  What and who ultimately helped them get their foot in the door.  What they did along the way and how it's b...

Welcome to another episode of "Your Everyday Rich" podcast.  In this episode, Jason and Jennifer chat to Gordie and Brit who are the dynamic duo of Team Grit Properties .  Together they acquired 4 long term rental properties back to back to back to back and along the way pivoted hard left due to the fast changing real estate market and rising interest rates.  But that didn’t stop them fr...

Welcome to another episode of "Your Everyday Rich" podcast.  In this episode, Jason and Jennifer chat about the decision about whether to rent or buy. As a society, there is a strong opinion that everyone should purchase their primary residence. Home ownership is a goal for many. And while owning a home may be a goal, does it financially make sense? Jason and Jennifer break down the numb...

Welcome to another episode of " Your Everyday Rich " podcast.  Jason recently chatted with his friend and fellow stock trader Ron Esteban.  As an educator and teacher of 20 years, he realized after speaking to other teachers that there had to be something more to building his Everyday Rich besides just relying on the golden handcuffs of a pension.   After a fateful conversation with a ba...

Welcome to another episode of "Your Everyday Rich" podcast.  Another solo episode with your boy, Jason Kao.  The question about “should you borrow money to invest” gets brought up alot in our circles that we figured it would be a good topic to discuss especially since interest rates are sky high compared to 2 years ago. When money is cheap to borrow, nobody thinks twice about it, but whe...

Welcome to another episode of "Your Everyday Rich" podcast where we chop it up with our pal Terry Nguyen.  A former electrician who managed get wired up into the world of real estate investing and house flipping… all through social media!  After realizing that he didn’t want to be on the tools for the rest of his life and seeking more cash flow, he decided to leverage established players...

Welcome to another episode of "Your Everyday Rich" podcast.  Holy sh!t, Jason is 40 years old!  Pretty much a boomer now 😅 In the game of living Your Everyday Rich life, turning 40 is a big deal.  Some call it the halfway mark, few call it the start, many call it mid life. Jason likes to call it the front 9. There’s not alot of “investing” or “money” talk in this episode, but Jason spri...

Welcome to another episode of "Your Everyday Rich" podcast.  We recently read in a MoneySense article about high performing / networth women and who they leave their money decisions to. The surprising stat about high net worth women and their finances left us with more questions than answers. And it spurred a living room conversation about social norms of women and money and a whole bunc...

Ep. 15  - Is Real Estate Investing passive? Welcome to another episode of " Your Everyday Rich " podcast.  So you want to get into real estate investing eh?  Ever wonder if real estate investing is truly passive ?  Some seasoned investors say it is.  Many investing gurus claim it to be passive.  But to what extent are these claims true? We go in on this debate to share our personal exper...

Ep. 14  - Networth… and chill yo Welcome to another episode of "Your Everyday Rich" podcast.  Why is it that we fascinate ourselves with the uber rich yet don’t give the time of a Netflix episode to figure out our own networth? In order to get to “Your Everyday Rich”, you kinda need to know where you stand with your networth before you start swimming. Networth is the ultimate indicator o...

Ep. 13  - Life Ruts - The feeling of mundane routine, feeling stuck in life, and finding the motivation to get out of them! Welcome to another episode of "Your Everyday Rich" podcast.  Life ruts.. we all have them.  We all get into a rut at some point in our lives.  Sometimes we don’t even know we are in a rut because we are so focused on the day to day routines of life.    How do you kn...

Ep. 12  - Is job jumping really better for your career and pay? Welcome to another episode of "Your Everyday Rich" podcast.  Little did we know that the hit 1992 song Jump Around by House of Pain would come back and be a literal metaphor for todays chat.  But does it actually benefit your career and do you end up getting paid more over the long run?  We share our views on both sides of t...

Ep. 11 - Talking money with kids - Solo episode with Jason. Might make these a new segment :) Growing up in an asian immigrant family, we never talked about money especially when we were kids, unless it was about saving it. It would have been beneficial to learn about money earlier on, but it is what it is. That's why we wanted to share our talk we had with one of our young kids about the conc...