The Money Podcast With Jake And Lincoln

Episode 28 Humor, Quotes, and Debating Tipping Culture: A Varied Conversation. Today's episode features a casual conversation between Jake and Lincoln, starting with joke exchanges about bees and polar bears. They then share an inspiring quote by Theodore Roosevelt about making mistakes as evidence of doing something. The conversation shifts to a big reveal, where they announce a winner via a phone number for their contest to pay a winner's bill, emphasizing the importance of listening to their podcast to claim the prize. Lastly, they delve into the topic of tipping in the service industry, expressing their views on when and why to tip, the changing expectations around tipping, and personal philosophies on generosity and supporting individuals directly. 00:00 Opening Banter and Jokes 00:33 Quote of the Day and Its Impact 01:07 The Big Reveal: Contest Winner Announcement 02:34 Tipping Etiquette: A Deep Dive 11:35 Donation Dilemmas: Corporate vs. Personal Giving 16:20 Generosity and Tipping: Final Thoughts 20:17 Closing Remarks and Contest Reminder Contact us: Email: [email protected]

Episode 27 Enter to win a chance of having you credit card paid by us. WhatsApp: 306-661-0713 Finding Balance: Enjoying Life, and Building Relationships, and Being Financially Responsible. In this engaging discussion, Hosts' Jake and Lincoln delve into the importance of appreciating life amidst the pursuit of financial security. They start by sharing their gratitude for the recent snowfall and its implications for agriculture before transitioning into a light-hearted exchange of jokes. The conversation then shifts to a more serious examination of how to enjoy life without solely focusing on saving and investing for the future. They emphasize finding joy in simple, inexpensive activities and the significance of being present in the moment with loved ones. The discussion also covers practical tips for slowing down in life, like driving at the speed limit and taking time for silence and reflection. Additionally, they touch on the concept of journaling as a tool for self-discovery and memory preservation. The overarching theme highlights the importance of balance between financial prudence and enjoying the present, underscoring that relationships and personal contentment are invaluable aspects of a fulfilling life. 00:00 Opening Banter and Snowfall Discussion 00:49 Joke of the Day and Quote of the Day 01:51 The Importance of Slowing Down and Enjoying Life 03:03 Finding Joy Beyond Money 04:43 Being Present and Building Relationships 07:03 The Impact of Technology on Attention and Relationships 11:12 Embracing Limitations and Personal Responsibility 13:19 Finding Joy in Simplicity 13:35 Embracing Affordable Fun 14:26 The Value of Reading and Library Visits 17:12 The Importance of Quiet Time and Reflection 19:29 Journaling: A Tool for Thought and Reflection 20:54 The Power of Old Journals and Intellectualism 23:26 Concluding Thoughts on Slowing Down and Valuing People Contact: WhatsApp: 306-661-0713 Email: [email protected]

Episode 26 Overcoming Fear and Financial Empowerment. WhatsApp number to the promo is: 1-306-661-0713 Email: [email protected] In this episode of the Money Podcast with Jake and Lincoln, the hosts engage in a casual conversation about the beautiful weather, their hopes for more precipitation in Southern Alberta due to dry conditions, and share light-hearted jokes. The discussion transitions to a more serious topic of fear, inspired by a quote about the fear of failure. They emphasize the importance of facing fears, particularly in financial matters. The hosts announce a promotion where listeners can have a bill paid for by the podcast to assist with debt relief, outlining the criteria for participation. They delve into financial fears people have, discussing the uncertainties surrounding retirement, investments, and scams. The hosts encourage a positive outlook on the future, emphasizing that economic challenges and opportunities are part of a cycle. The episode concludes with advice on making informed decisions, the importance of doing what's right, and how understanding and action can mitigate fear, especially regarding money and investments. 00:00 Catching Up and Weather Talk 00:38 Joke Time: Hat and Belt Puns 01:03 Quote of the Day: Overcoming Fear of Failure 01:30 Bird Talk and the Push to Fly 02:56 Exciting Podcast Promotion Announcement 06:18 Navigating Financial Fears and Scams 12:40 Addressing the Fear of a Gloomy Future 13:32 The Reality of Buying a House Today 14:25 Changing Perspectives on Affordability and Investment 15:25 Historical Context: Overcoming Challenges Across Generations 16:57 Strategies for Financial Stability and Growth 20:34 Conquering Fear Through Knowledge and Action 24:11 Embracing a Hopeful Future with Righteous Actions 26:13 Closing Thoughts on Money, Fear, and Future Prospects

Episode 25. The Top 10 Millionaire Habits You Need to Know! Dive into a lively and insightful conversation with Jake and Lincoln revealing the top 10 habits that set millionaires apart. Starting off with light-hearted jokes, the discussion quickly deepens into the value of reading, smart financial strategies, and the philosophy of living below your means. Learn why millionaires shun luxury, embrace investing, prioritize meaningful relationships, and consistently practice delayed gratification. Discover the surprise top habit that underscores the importance of continuous learning through reading. This conversational journey offers practical advice and motivational insights into transforming your financial mindset and habits on the path to becoming a millionaire. 00:00 Kicking Off with Light-Hearted Banter 00:41 Diving into the Quote of the Day 01:19 The Mindset Shift: From Broke to Millionaire 02:16 Exploring the Habits of Millionaires 06:26 Investing Wisely: The Millionaire's Approach 09:19 Living Below Your Means: The Millionaire Lifestyle 11:32 Understanding Your Finances: The Foundation of Wealth 14:22 Planning for a Million Dollar Net Worth 16:01 Debunking the Myth of Consumer Debt 16:54 The Real Cost of 0% Financing Deals 19:23 Choosing Relationships Wisely for Success 24:42 The Power of Delayed Gratification 28:02 Millionaires: Avid Readers and Leaders 31:06 Recap and Closing Thoughts Email: [email protected]

Episode 24, Understanding Financial Independence Number (FIN) and Investment Lifestyle In this comprehensive discussion, Jake and Lincoln talk about the concept of Financial Independence Number (FIN), a target you aim for that will allow you to retire without worrying about money. They emphasize how investing is not only about money but it is a lifestyle that needs to be incorporated and nurtured. The hosts break down calculations and explain how inflation will drastically change required income over the years. The session allows listeners to understand the value of investing for reasons other than tax breaks and the risk of over-housing oneself. They play around with different percentages of investment and demonstrate potential inflation impacts. The episode is an encouragement to listeners to build an investment lifestyle and develop a saving mindset as it assures one a better future and contingency plans for unpredictable life scenarios. 00:00 Introduction and Catching Up 00:58 Reflecting on the Last Episode and Listener Feedback 02:11 Addressing Listener Questions: Basement Suite Rentals 05:21 Transitioning to the Main Topic: The Financial Independence Number 05:55 Understanding the Financial Independence Number 08:15 Calculating Your Financial Independence Number 10:20 The Power of Investing 10% of Your Income 12:14 Understanding Your Financial Commitments 12:49 The Impact of Rising Incomes and Real Estate Prices 14:02 Investing as a Lifestyle 14:10 Upcoming Investment Course 14:34 The Paradigm Shift in Investing 15:19 The Importance of Saving Money 17:50 Understanding Your FIN Number 22:23 The Five Reasons to Save Money 23:28 Reaching Out for Financial Advice 24:05 Closing Thoughts on Money and Character E-mail: [email protected]

 Episode 23: A Discussion on the Money Podcast with Jake and Lincoln about Real Estate. In this episode of the Money Podcast with Jake and Lincoln, they delve into the topic of real estate. They discuss the idea of a home as an asset or a liability and make clear distinctions between owning a home and investing in real estate. Drawing from expert advice and relevant examples, they expound on the necessity of ensuring investments provide cash flow, and how the emotional attachment to debt can affect its payoff. They further discuss various investment strategies, emphasizing the importance of clear understanding and emotional readiness for the investor. While presenting a realistic discourse on the potential stress involved in real estate and contrasting it with mutual fund investments, they highlight the essentiality of systematic investments. 00:00 Introduction and Welcome 00:38 Jokes and Listener Feedback 01:41 Course Feedback and Improvements 03:31 The Importance of Specifics and In-depth Analysis 04:17 Real Estate: Investment or Liability? 06:14 The Financial Implications of Renting vs Buying 08:31 The Power of Proper Investment 12:33 The Future of Real Estate Investing 13:28 Understanding Mortgage Payments and Interest Rates 13:58 The Importance of Down Payments in Real Estate 14:21 Breaking Down a Real Estate Investment Scenario 15:52 The Reality of Property Maintenance and Unexpected Costs 16:10 The Strategy of High Down Payments and Cash Flow 16:39 The Concept of a 'FIN' Number and Retirement Planning 17:25 The Power of Rental Income and Mutual Fund Investments 17:58 Understanding Real Estate as an Asset and a Liability 19:30 The Emotional Aspect of Home Ownership and Debt 25:47 The Importance of Cash Flow and Investment Diversification 27:17 Closing Thoughts on Money, Time, and Character Email: [email protected]

Episode 22 Discussion: Income Tax Refunds and Financial Planning In this episode of the money podcast, hosts Jake and Lincoln celebrate their achievement of posting their 21st episode, which puts them in the top 1% of podcasters. They also discuss income tax returns; emphasizing that the money was always the taxpayer's to start with. The hosts encourage listeners to treat their tax refund wisely by reinvesting it, paying-off debt, or improving their living conditions. They also discuss their free course 'How Money Works', which aims to educate people about financial planning and the concept of insurance. 00:00 Introduction and Jokes 01:15 Celebrating Podcast Milestone 02:19 Understanding Tax Returns 05:12 The History of Taxes 07:45 How to Spend Your Tax Return 14:22 Understanding Canada Pension Plan 15:32 Understanding Private Credit and Government Deductions 16:46 The Reality of Pensions and Personal Investments 17:11 The Importance of Investing and Financial Independence 17:59 The Pitfalls of Whole Life Insurance 18:55 The Importance of Financial Knowledge and Education 19:04 Investing Your Income Tax Return Wisely 20:02 Understanding the Value of Your Assets 21:37 The Role of Government and Taxes in Personal Finance 25:40 The Importance of Financial Education and Empowerment 29:37 The Impact of Money on Character 30:11 Conclusion and Call to Action Email: [email protected]

Setting Financial Goals and Building a Supportive Community In this episode of the Money Podcast with Jake and Lincoln, the hosts reflect on how their year is starting. They stress the importance of budgeting, especially as they enter a busy business period, and discuss their personal goals for the year. They also address goal setting in general, suggesting that any goals set should be measurable and backed by a plan for achievement. The hosts then consider the importance of community in pursuing personal development, indicating that the people one surrounds themselves with can greatly influence one's success. Among other topics, they consider the impact of associating with individuals who are financially more successful in order to learn and grow. The discussion also touches on the importance of recognizing and learning from financial shortcomings. 00:00 Introduction and Catching Up 00:33 Holiday Recap and New Year Plans 01:47 Goals for the New Year 03:18 Financial Wellness Course Introduction 05:11 Importance of Goal Setting 07:01 Facing Financial Reality 10:35 The Fight or Flight Response in Financial Planning 12:33 Admitting Ignorance and Seeking Knowledge 12:59 The Importance of Understanding 14:18 The Journey of Learning and Growth 14:25 The Wisdom of Youth and the Humility of Age 16:26 The Power of Community and Learning from Others 19:06 The Role of Community in Financial Success 20:10 The Importance of Surrounding Yourself with the Right People 24:30 Understanding the Purpose of People in Your Life 26:22 Closing Thoughts on Money and Personal Growth Contact us: E-mail: [email protected]

Money Podcast Episode: Understand Taxation - Corporations, Sole Proprietorship, Dividends, RRSP Contributions, and More! In this episode of the Money Podcast, hosts Jake and Lincoln, along with their guests Tina and Rick from First File Accounting, delve into the complex world of taxation. They discuss how corporations and sole proprietorships are taxed differently, the best tactics to employ when closing a business, the benefits of a tax-efficient balance between payroll and dividends, and how these financial strategies can impact your RRSP contributions. They highlight the constant changes in tax laws and underscore the importance of staying current for the sake of financial management. If you're a business owner or planning to become one, or simply interested in understanding financial dynamics, this podcast episode is an unmissable resource. 00:01 Introduction to the Money Podcast 00:33 Humorous Start: Jokes about Taxes 01:03 Deep Dive into Tax Avoidance and Tax Evasion 01:32 Debate on Taxes and Legal Theft 01:52 Discussion on Corporate Taxes 02:12 Insights into Bookkeeping and QuickBooks 02:33 Exploring the Best Ways to Close a Business 02:33 Discussion on Selling Assets and Closing a Business 03:10 Understanding the Difference between Sole Proprietorship and Corporation 07:47 Understanding Corporate Tax Structure 10:31 Exploring Dividends and Payroll in a Corporation 19:52 Understanding Child Tax Credit Benefits in a Corporation 24:49 Conclusion and Final Thoughts

In this episode of The Money Podcast with Jake and Lincoln, the hosts, along with two Tax professionals Tina Hiebert and Rick Giesbrecht, explore an important topic for business owners - vehicle expenses. They discuss different scenarios such as being employed, self-employed, or incorporated and how this impacts the ability to claim vehicle expenses. They delve into the nuances of vehicle classification, insurance, mileage claim, and depreciation. The concept of 100% tax write-off for purchasing vehicles is discussed along with the new special circumstances introduced due to COVID-19. The consequences of buying expensive vehicles for tax benefits are outlined. The hosts encourage listeners to make informed decisions about such expenses and not to spend recklessly just to save on taxes. 00:00 Introduction to the Money Podcast 00:21 Discussing the Last Episode and Upcoming Topics 01:22 Introducing Guests and Discussing Common Tax Questions 01:59 Exploring Tax Evasion Strategies 03:59 Understanding Vehicle Expenses and Tax Deductions 04:56 Exploring the Impact of Vehicle Class on Tax Deductions 08:00 Comparing Employee, Self-Employed, and Corporate Vehicle Expenses 18:10 Discussing the Importance of Tracking Kilometers for Tax Purposes 19:46 Understanding Depreciation and Tax Implications in Corporations 21:46 Wrapping Up the Discussion on Vehicle Expenses 22:13 Conclusion and Closing Remarks Contact us: Email: [email protected]

The Money Podcast With Jake and Lincoln: In this insightful podcast episode, hosts Jake and Lincoln are joined by tax professionals Tina Hiebert and Rick Giesbrecht to discuss complex issues revolving around income tax brackets, child tax credits, Alberta works benefits, and potential misconceptions related to 100% tax write-offs. Tina and Rick explain in a detailed manner how tax brackets work and provide expert advice for families to manage their income for better benefits. They also discuss the Alberta adult and child health benefits and benefit cards at different income levels. The hosts and guests even manage to throw in a bit of humor, making the otherwise heavy topic more enjoyable to the average listener. 00:00 Introduction and Jokes 00:58 Introduction to the Tax Series 01:24 Guest Introductions 02:40 Understanding Personal Taxes and Write-offs 09:36 Discussion on Tax Brackets 15:26 Understanding Alberta Works Benefits 20:04 Understanding 100% Tax Write-offs 21:05 Conclusion and Wrap-up Contact us: Email [email protected]

Money Podcast: Goal Setting and Financial FreedomIn this episode of the Money Podcast, hosts Jake and Lincoln discuss the importance of goal-setting and how it correlates with financial freedom. They emphasize the need for writing down goals, setting a timeline, and working towards them. These goals can span various areas of life including personal, career, financial, family life, and even aspects related to the church. Also, Lincoln sets out an individual challenge for listeners to identify three things they excel at and three they're poor at, and then determine how to improve. The hosts also address the integration of faith into business life and the concept of personal responsibility. Towards the end of the episode, they hint at upcoming topics, including tax-related concerns.00:00 Introduction and Casual Banter00:27 Jokes and Laughter01:38 Discussing Productivity and Success02:03 Importance of Goal Setting02:29 Accountability and Personal Goals04:30 Setting Financial Goals04:47 Defining an Emergency Fund08:58 The Importance of Reading and Personal Development10:37 Setting Personal Character Goals12:00 The Meaning of Life: Service and Responsibility13:04 Using Money as a Teaching Tool13:13 The Importance of Reading and Character Development14:48 Career Goals and Vision15:28 The Challenge: Identifying Strengths and Weaknesses18:29 The Struggles of Being a Visionary21:01 The Importance of Goal Setting in Different Life Aspects23:17 The Role of Faith in Business24:22 The Importance of Writing Down Goals25:00 Upcoming Discussions on Taxes26:01 Closing Thoughts Hosted on Acast. See acast.com/privacy for more information.

Exploring Financial Tools: RRSPs, TFSAs, and FHSA AccountsIn this episode, Jake and Lincoln of The Money Podcast discuss various types of financial accounts including the Registered Retirement Savings Plans (RRSPs), Tax-Free Savings Accounts (TFSAs), and First Home Savings Account (FHSA). They explore the intricacies of each account, such as contribution limits and tax implications, and provide advice on how to effectively use these accounts for short-term, medium-term, and long-term savings. They also touch on the concept of Financially Independence Number (Finn Number) and the importance of having a structured plan for your money.00:01 Introduction and Jokes00:50 Transition to Financial Topics01:28 Discussion on Different Types of Accounts02:17 Deep Dive into First Home Savings Account (FHSA)04:19 Comparison of FHSA and RRSP for Home Buying09:16 Exploring the Limitations and Benefits of FHSA11:40 Real-life Application of FHSA and RRSP13:16 Understanding the FHSA13:35 Maxing Out Your FHSA and RRSPs14:24 The Importance of Financial Mentors14:49 Introduction to Tax Free Savings Account15:29 Investment Strategies for Different Income Levels16:04 Investment Portion of Financial Planning17:01 Understanding the Difference Between RRSP and TFSA18:38 The Power of Tax Free Savings19:44 The Importance of Allocating Your Money21:02 Planning for Retirement with TFSA and RRSP25:56 Understanding the Function of Banks26:55 Closing Remarks and Future TopicsContact us:Email: [email protected] Hosted on Acast. See acast.com/privacy for more information.

The Money Podcast with Jake and Lincoln: Discussions on Success, Wealth and the Joy of GivingThis episode of the Money Podcast with Jake and Lincoln explores what it means to be successful and wealthy from both hosts' perspectives. They share anecdotes relating to giving and supporting others, stressing that wealth isn't simply measured by how much one has, but also by how much one can give and helps others. Another segment delves into personal experiences and the gratifying feelings that come from being of service to others. Furthermore, the hosts discuss the importance of conducting businesses that aim to serve others. They conclude by emphasizing that money amplifies one's character and affords one both options and time.00:00 Introduction and Casual Banter01:18 Discussing the Importance of Behavior in Finance02:16 Defining Personal Success03:42 Understanding the Concept of Wealth07:28 The Importance of Generosity and Giving10:43 Personal Experiences with Generosity15:25 The Impact of Prayers and Encouragement17:49 Conclusion: The Role of MoneyContact us:Email: [email protected] Hosted on Acast. See acast.com/privacy for more information.

Understanding RRSPs and Their Role in Secure Financial FutureIn this conversation, Jake and Lincoln discuss the importance and advantages of Registered Retirement Savings Plans (RRSPs) for strategic financial planning. They explore how RRSPs allow for tax deferral and help increase retirement funds, using examples to illustrate key points. They also touch upon common misconceptions about RRSPs and caution against misuse of these financial tools. Jake also mentions the significance of investing in mutual funds and talks about the benefits of maintaining investment contributions. A brief discussion on the relevance of child tax credits and GST rebates in relation to RRSPs is also done. Towards the end, some potential tax implications and regulations regarding RRSPs are examined.00:01 Introduction and Casual Banter00:13 Discussing Humor and Dad Jokes01:09 Transitioning to Serious Topic: RRSPs01:53 Understanding RRSPs and Tax-Free Savings02:20 Advantages of RRSPs03:28 Explaining the RRSP Process07:09 Impact of RRSP on Taxes and Benefits10:28 Compounding Benefits of RRSP12:00 Investment Growth and Market Fluctuations13:02 Understanding the Concept of RRSP13:19 Calculating the Potential Returns of RRSP16:24 The Impact of Inflation on Savings17:24 The Importance of Saving and Investing22:52 The Pitfalls of Misusing RRSP25:05 The Power of RRSP in Long-Term Savings26:25 Understanding the Rules and Regulations of RRSP28:04 The Amplifying Effect of Money on CharacterEmail us at: [email protected] Hosted on Acast. See acast.com/privacy for more information.

Understanding Finance: The Theory of Decreasing Responsibility & Investment StrategiesJake and Lincoln discuss an array of topics related to personal finance and insurance. Jake shares insights about overcoming sickness, dealing with accidents, and the importance of being prepared. They explore the concept of 'Infinite Banking,' why it may not be suitable for the average person, and alternatives to consider. They discuss the concept of 'decreasing responsibility' and how to manage finances accordingly, as well as the role of life insurance policies. They further delve into investment strategies, including RRSPs, stressing the impact of taking control of finances and knowing where income is being allocated. The conversation aims to clarify misconceptions about insurance and investments while presenting sound financial advice.00:00 Introduction and Personal Updates00:30 Discussing Recent Accidents and Health Issues02:07 Transition to Financial Topics: Infinite Banking System02:54 Setting Up Your Financial Life: Hypothetical Family Scenario03:59 Understanding Life Insurance Policies and Their Costs05:07 The Importance of Saving and Investing11:49 Debt Management and the Snowball Method24:05 Understanding the Concept of Self-Insurance25:36 The Theory of Decreasing Responsibility27:08 Understanding Probate and Taxes in Financial Planning28:11 Investing the Difference: A Practical Approach29:14 Conclusion and Final ThoughtsContact us:WhatsApp: 403-768-2977Voicemail: 403-768-2977Email: [email protected] Hosted on Acast. See acast.com/privacy for more information.

In this episode of the Money Podcast with Jake and Lincoln, the hosts discuss their nervousness before starting the podcast and reflect on the value of being nervous when speaking in front of an audience. They then delve into the topic of "infinite banking," a concept that's often marketed as a sophisticated way to manage your finances. The hosts debunk the supposed benefits of infinite banking, including eliminating outside debt, self-financing purchases, and the tax-free nature of the system, exposing the flaws and limitations of these claims. They emphasize the importance of choosing the right financial products from the right sources and stress that money can buy you options, time, and amplify your character.Our Contact information:Voicemail: 1-403-768-2977WhatsApp: 1-403-768-2977E-mail: [email protected] Hosted on Acast. See acast.com/privacy for more information.

In this lively financial podcast episode, the hosts discuss various topics, including road trips, investments, and the importance of money mindset. They emphasize the significance of saving and investing a portion of your income to create financial security and opportunity. The hosts conclude with the idea that money provides options and time, regardless of whether you're generous or greedy. So, whether you're a traveler, an investor, or simply someone seeking financial wisdom, this podcast offers insights on money management and its impact on your life Hosted on Acast. See acast.com/privacy for more information.

In the 10th episode of their financial podcast, hosts Lincoln and Jake celebrate their milestone and discuss the importance of financial planning. They emphasize the value of having a financial advisor like Lincoln to help individuals set up budgets, manage debt, and navigate financial emergencies. Jake highlights how advisors can provide guidance during market downturns, and they both stress the importance of seeking professional advice when you have questions about your financial well-being. The hosts also express their commitment to providing high-quality information to their audience and invite listeners to be a part of their journey in building a helpful and educational podcast.Contact us:Voicemail: 403-768-2977WhatsApp: 403-768-2977Email: [email protected] Hosted on Acast. See acast.com/privacy for more information.

In this episode of "The Money Podcast with Jake and Lincoln," the hosts discuss various types of insurance. They touch upon the importance of having insurance tailored to one's specific needs, highlighting that not everyone requires the same types of coverage. They delve into different insurance types such as life insurance, disability insurance, and homeowner's insurance, emphasizing the significance of aligning insurance choices with financial goals and risk management. The hosts also stress the importance of sound money management in reducing the need for certain types of insurance and mention their plans for an upcoming Q&A episode.Contact Us:WhatsApp: 403-768-2977Voicemail: 403-768-2977Email: [email protected] Hosted on Acast. See acast.com/privacy for more information.

In this episode of the Money Podcast, the hosts Jake and Lincoln discuss the importance of having a will. They emphasize how a will serves to outline personal wishes for assets, guardianship of minor children, and healthcare decisions. They note that a will minimizes family conflicts and legal disputes after one's passing. The hosts also touch on online will services and legal advice, stressing the significance of ensuring one's will reflects their specific circumstances. They share personal stories and anecdotes to underline the importance of planning for the inevitable, and they highlight that having a will is a responsible act to ease the burden on loved ones during difficult times.Our Contact information WhatsApp: 403-768-2977Voicemail: 403-768-2977E-mail: [email protected] Hosted on Acast. See acast.com/privacy for more information.

In this episode of the Money Podcast, hosts Jake and Lincoln are joined by mortgage expert George Neufeld for part two of their mortgage discussion. They explore topics related to mortgages and real estate investment. They cover programs available for first-time home buyers, focusing on the First Home Savings Account (FHSA) program that allows tax-free savings for a down payment on a first home. The hosts also discuss strategies for buying rental properties, including the different down payment requirements based on property type and usage. They encourage listeners to send in questions and suggestions for future podcast topics.Our Contact Information:WhatApp 403-768-2977Voicemail 403-768-2977Email [email protected] Hosted on Acast. See acast.com/privacy for more information.

In this episode, the hosts Jake and Lincoln sit down with a mortgage broker, George Neufeld, to discuss various aspects of mortgages and money. The episode is split into two parts. In the first part, they focus on first-time home buyers, down payments, credit scores, interest rates, and the stress test. They emphasize the importance of understanding different mortgage types and how to qualify for a mortgage without a credit score.The second part of the episode, which will be covered in the next episode, will delve deeper into mortgages for investment properties and other related topics. Throughout the conversation, they touch on the role of mortgage brokers versus banks and how a mortgage broker can offer access to a broader range of mortgage options from different lenders. The hosts also highlight the significance of money in providing options, time, and amplifying one's character.Contact us:WhatsApp 403-768-2977Call and leave voicemail 403-768-2977E-mail [email protected] Hosted on Acast. See acast.com/privacy for more information.

In this episode, Lincoln and Jake discuss the key aspects of buying a first house. They emphasize the importance of budgeting, being debt-free, and saving for a down payment of at least 20% to avoid extra fees. They recommend using a trusted realtor who has knowledge of the local market and can help find suitable options within the budget. They also stress the significance of a home inspection to identify any issues and the value of getting an appraisal done to ensure you're not overpaying. They suggest using a mortgage broker rather than a bank for better rates and more options. They advise paying extra towards the mortgage whenever possible and recommend locking in an interest rate for a term of at least 3 to 5 years. They also emphasize the importance of asking questions, seeking advice from professionals, and being cautious when choosing a professional to work with.Our Contact information is:Phone: 403-768-2977 Leave a voice mailWhatsApp: 403-768-2977E-mail: [email protected] Hosted on Acast. See acast.com/privacy for more information.

The financial podcast discussed the Starfish platform, addressing questions about its legitimacy and benefits. Starfish is described as a digital platform that offers cashback on purchases from various retailers. Additionally, it provides financial literacy resources and a way for individuals to earn additional money through word-of-mouth referrals, helping listeners make informed decisions about its offerings. Hosted on Acast. See acast.com/privacy for more information.

Hosts Jake and Lincoln discuss the importance of saving money and building an emergency fund. They highlight the difference between real emergencies such as car or home repairs, and perceived emergencies like funding vacations. They emphasize that money buys options and time. They also explore the recommended amount for an emergency fund based on individual circumstances and offer insights on where to park the savings, considering the purpose and accessibility of the funds.Our Contact information is: Phone: 403-768-2977 leave a voice mail and we'll get back to you.WhatsApp: 403-768-2977Email: [email protected] look forward to your questions and feedback. Hosted on Acast. See acast.com/privacy for more information.

In this episode of the Money Podcast, hosts Jake and Lincoln introduce themselves and discuss their backgrounds in finance. They emphasize the importance of having a financial plan and how it injects hope into people's lives, helping them achieve financial peace and create a better future. They share personal experiences of making poor financial decisions, working a plan, and the transformative impact it had on their lives, emphasizing that money provides options and time.To leave your feedback, to ask questions and leave comments contact Jake and Lincoln, via WhatsApp at 403-768-2977 or email them at [email protected]. Hosted on Acast. See acast.com/privacy for more information.

In this podcast episode, Jake and Lincoln discuss the importance of financial freedom and getting out of debt. They emphasize the enslavement that comes with being in debt and the need for a roadmap to financial peace. They share personal experiences and highlight the significance of spending less than you earn to achieve financial stability and ultimately break the cycle of debt. Hosted on Acast. See acast.com/privacy for more information.