The Clear Money Mindset

EP46 - Life, Health, Wealth - Balance - Andrew Hallam

How do you define success? Is it lots of money, flashy cars, a dream job, exploring the world or spending time with family and friends? 
“Think of success as a four-legged table, with each leg representing a quadrant. Each quadrant depends on the other.  If they don’t all play their part equally, the table collapses. If one leg is spindly or cracked, it’s tough to maximize your life satisfaction, no matter how solid you might be in the other quadrants.” 
In our latest podcast Ben had the pleasure of chatting with Andrew Hallam, author of the personal Finance book Balance. Andrew is the first person to have a #1 selling finance book on Amazon USA, Amazon Canada and Amazon UAE. Balance is a book about finding the harmony between money management and living a fulfilling life.  
In this podcast Andrew talks in depth about the experiences in his life that have helped shape his attitude towards money. His focus and inspiration for this book is about recognizing the things you want in life, and redefining success, using money as a tool to help fund the things in your life that bring you joy and fulfillment.  
You will not want to miss this podcast that can help you learn how to master the art of balancing your financial health with your overall happiness. 

EP 45 - Stockin Around The Christmas Tree

Tune in to the most financially festive podcast of the season with your favourite financial five. The Team at Davies Financial is at it again for our annual Christmas podcast. Get ready for a sleigh ride of laughs, dad jokes, and all things merry and monetary. This year Ben is joined by the staff of Davies financial where Alicia, Victoria, Melissa, and Andrea tolerate Ben’s jokes on this company mandated Christmas podcast that have them questioning their career choice.  
Don’t miss out on the general merriment of: 
Dad Jokes 
Eggnogonomics 
Christmas Trivia 
Fun Festive Facts  
Grab a cup of Christmas cheer (and whatever you put in it to get it that way), throw your mistletoe outside & get ready to learn while you listen to a podcast that we hope is as fun to hear as it was to make. If it is not, don’t say we didn't warn you. 
The Clear Money Mindset & Davies Financial wish all of our listeners and clients a happy and safe holiday season. See you in 2024! 

EP 44 - Thinking Critically - Jeff Minaker

Episode Focus: Critical Illness Insurance—This episode provides critical information with expert insights from Jeff Minaker, Account Executive from Empire Life. A great chat on personal finance, as Jeff explains the strategic importance of this coverage.
- 🚀 Elevate your financial knowledge and make informed decisions for you and your family.- 📈 Learn why Critical Illness Insurance is a key player in your financial portfolio.- 🔒 Your greatest asset is yourself, and from a financial perspective, it's your capacity to generate income so you can provide for you and your family.

EP 43 - Part 2 of 1 in 4 People - What You Need To Know About Disability Insurance with Jamie Kendrick of RBC Disability Insurance

In part 2 of this podcast on disability insurance we delve deeper into the different components and reasons for disability insurance. Jamie Kenrick of RBC insurance and Ben continue their discussion and shed some light on this important product. 

EP 42 -1 in 4 People - What You Need To Know About Disability Insurance with Jamie Kendrick of RBC

On this episode of The Clear Money Mindset we are going to shed some light on the importance of Disability Insurance. Did you know that statistically, 1 in 4 people will experience a disability in their working years? 
This episode is dedicated to exploring Disability Insurance, Jamie Kenrick of RBC insurance joins Ben and offers his expert advice as we navigate this critical aspect of financial security that will empower you to protect you and your families future.

EP 41 - Death & Taxes - Wills vs Estates - The Difference Between a Will & An Estate Plan - Ashley Harmon

“Nothing is Certain but Death & Taxes”- Benjamin Franklin   
A Will is a great start to an Estate Plan and sometimes a properly done Will is enough, but sometimes a Will is not the best option when it comes to our final planning needs, and it can fall short - leading to a costly and stressful settlement after our death. In today's podcast we have Ashley Harmon, a Lawyer, and Partner with Hogarth Hermiston Severs LLP. Ashley specializes in Estate Planning. Ben and Ashley shine some light on a topic that is not always openly discussed but is important to understand, having a proper plan in place is essential and it can help relieve some of the burdens on your family after you pass away.  
Some of the topics include:   
➡️The difference between a Will and an Estate.  
➡️The scope of a Will.  
➡️The various components of Estate Plans.  
➡️How and when an Estate plan may be more advantageous than a Will. 
➡️The legal considerations of both Wills & Estates.  
 

EP 40 - 4 Uses For Life Insurance

Life insurance as part of your overall investment strategy.   
Many people think of life insurance as a product that protects your loved ones in case of your death.  We don't always think of using it as an overall investment strategy, but there are some interesting ways you can use life insurance to build and transfer wealth. In this latest episode Ben spills some creative ways that you can use life insurance. Some highlights include using insurance in retirement to optimize your income, using life insurance to offset inheritance taxes on a property, topping off retirement savings and, using life insurance to receive tax deduction or lower taxes on your estate through charitable donations.

EP. 39 - Savings Snippets - 5 Common Money Mistakes Most People Make

When it comes to finances, the bad decision is often the easiest to make. It is important we become mindful of those decisions and take steps to correct them. In a world where spending can happen in seconds and technology powers our lives, it’s easy to lose track of where our spending happens. In this edition of Savings Snippets, Ben outlines 5 common mistakes that many of us are making with our money and hands out some advice on ways to avoid them or tips to save you money.  

EP 38 - Fast Facts on the First Home Savings Account

What do you get when you cross a TFSA with an RRSP and use it to save for your first home? 
The First Home Savings Account – A unique new investment account that we are excited to share with you. This is the multitool of savings vessels and offers the non-taxable withdraw of a TFSA with the Tax deduction of an RRSP. You can contribute up to $8,000 a year with a lifetime maximum of $40,000. This plan is designed to be used as a down payment on your first home. If for some reason you decide against buying a home with it, it rolls into a RRSP or RRIF. Ben talks about this product on the podcast today, where he gets into the nitty-gritty details that you should know.  

EP 37 - Taking Baby Steps - Phil Medler - Ramsey Solutions Inc.

In the financial world there are so many ways to approach a singular issue - how to make the most money with the resources you have, so you can live the life you want to. Most plans would have a similar focus and that is to make sure that you are paying down debt, budgeting and saving money. On Today's Podcast we are objectively presenting you with another way of approaching your goals. We have invited Phil Medler, a certified coach with Ramsey Solutions Inc. onto the podcast to discuss Ramsey’s “Baby Steps Plan,” this is a plan that focuses on 7 steps to build towards your financial goals. It was great to have Phil on the podcast, his enthusiasm and knowledge made this an enjoyable podcast to create (and hopefully for you to listen to).