Calm Money Coach

Someone sent me a reel asking if this is a real strategy: every January, buy last year's best stock in the S&P 500, hold it a year, then swap. Shout out to Ricky, @the.steady.investor. I ran it back to 1998. Your...

Is Canada heading into stagflation? Prices were up 3.1% in September, unemployment is 6.5%, and groceries cost 33% more than in September 2020. Stagflation is prices jumping while the economy stalls. It followed the oil...

Canada doesn't have an estate tax like the US. We tax death a different way, and it reaches a lot more regular families. Take 2 cousins. Doug in Regina and Chad in Dallas each put $2 million into index funds, and today...

Which province is cheapest? It depends on who's asking. In part 1, I take the typical full-time wage in each province and work out what's left after tax and the bills. In part 2, I run a young family through all 10...

Probate on a $1 million estate costs $0 in Manitoba and about $14,000 in New Brunswick. It's usually the smaller of the 2 bills your family pays. Probate is the court confirming your will and your executor. Each...

The average inheritance in Canada is close to $200,000, and it usually arrives while you're grieving. It was Mom's money, and you don't want to be the one who lost it. If you've frozen, that's normal. A Danish study of...

Four videos on the feelings side of money, in one place. If you feel like you're failing at something your dad pulled off on one income, the ground moved: in the early 70s food was the biggest line in the household...

Heading somewhere warm this winter? Your province pays something toward a hospital outside Canada, and it's small. Nova Scotia pays up to $525 a day once you're admitted. BC pays up to $75. A Florida hospital spends...

Ottawa just offered Canada's 4 biggest airports to private investors. To judge that deal, it helps to know how flying here got so expensive, so here it is piece by piece. 1. About 30 cents of every dollar you pay a...

Your work benefits end before 65. What does your health card still cover, what do people really spend, and is a private plan worth it? Part 1 and Part 2 together. Part 1, what health care doesn't cover 1. Your health...

A Thanksgiving weekend episode, with the family around the table. Three short videos from this summer on passing money down. Passing down the farm, and why selling it to your kid for $1 is the worst version. Giving...

IS RETIREMENT DEAD IN CANADA? Both parts together: the young renter, then the single mom on low pay and the senior renting alone If you're renting, or on a low income, most retirement advice wasn't written for you. So I...

Most of us decide RRSP or TFSA, or how much to draw from a RRIF, off our tax bracket. This episode is about the number that should decide it: what your next dollar costs once the clawbacks are counted. 1. An Ontario...

Four short videos from this year on being an executor, in one place, if you missed some when they went out. How to actually pick one, and the conversation your lawyer skips. The first year of the job, when your brother...

Is Ottawa coming for your TFSA, your OAS or your house? I went through the budgets in two parts. First, what could realistically change, and what each change would cost you. CPP and your OAS cheque are the safest...