136 – Thinking Ahead and Planning For Your Future

My guest today is Shamez Kassam, a financial advisor based in Calgary who has just published his first book, Your Money's Worth: The Essential Guide to Financial Advice for Canadians. Shamez wanted to write a book that acted as a road map for how the Canadian financial advice industry worked. There's only so much you can learn within the traditional educational institutions. Shamez himself tried learning on his own before losing it all in the tech bubble. That's when he decided to go back and do his MBA in New York. The Millennial Conundrum Younger generations or anyone who is just starting out have a lot of challenges to overcome to succeed financially. Debt loads are high, job security is low, and student debt is higher than ever. Our Joe Debtor study found that millennials are the most likely of all age groups to use payday loans. So they're not only operating within unsecured territory, but they're adding volatile, high-interest debts to their list of challenges.  We discuss this and more on today's show.