The Clear Money Mindset
Providing you with help and tips to manage your money in a clear and intentional way.
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Episodes
Wednesday Mar 08, 2023
Wednesday Mar 08, 2023
Life Insurance.
You have heard of it, you may have some, or at least know that you should have it.
Life insurance is something you, yourself, will not use but could mean everything to your family. In a world of ever-increasing costs and expectations, peace of mind in knowing that your loved ones will be taken care of in the event of your death is important (this is especially true in single-income homes with dependents).
The life insurance industry does not have to be scary or intimidating, in this episode of The Clear Money Mindset Savings Snippets Ben demystifies the life insurance industry by quickly talking about some of the questions our listeners have about life insurance. Unfortunately, we know first-hand how having this type of insurance in place can help someone, at least financially, through one of the most challenging times in their lives. From funerals to mortgage payments to supplemental income, life insurance can help though a broad array of final expenses and beyond.
Be sure to watch Davies Financial –Sterling Mutuals on Facebook and Instagram for more information on life insurance, facts about it and how to make sure that you are covered.
Tuesday Jan 17, 2023
Tuesday Jan 17, 2023
It may seem early but now is the time to start thinking about your taxes for 2022-2023 tax season. This podcast is a wonderful way to make use of a cold & dreary January day. We have the knowledgeable Josie Hope, CPA - LJ Business Solutions, once again joining this podcast where she and Ben discuss some of the latest updates that you need to know for this tax season.
On our cast today we are chatting about:
-TFSA Contribution Limits.
- Canada’s First-Time Home Buyers Incentive.
- RRSP Contribution deadlines (you still have time to contribute for 2022).
- The important latest information regarding CRA my account and changes to account logins and how to share with your tax professional.
- Working from home and self-employed write-offs.
- What you can do now to start getting your taxes ready.
Wednesday Dec 21, 2022
Wednesday Dec 21, 2022
Oh-ho-ho my, it’s that time of the year again.
The Davies Financial Team is at it again, bringing on the holiday season with our Christmas Special Podcast Version 2.0. Ben, Andrea and Victoria get in the holiday spirit with some holiday trivia, fun festive facts, nostalgia, laughs and we’ve even thrown in some facts on how to stay safe when buying online (after all, it is a financial wellness podcast).
To all of our listeners and clients, we wish you a Merry Christmas and a Happy New Year, see you in 2023!
Wednesday Nov 23, 2022
Wednesday Nov 23, 2022
When planning for the future there are so many things to consider, planning for a person with a disability creates a unique set of challenges, we want to make sure that our loved ones are provided for and that their needs continue to be met. Today on the Podcast we welcome back Sebastian Schmoranz from McGregor, Sims, Schmoranz Law Office. Sebastian and Ben discuss some of the things that you can do from a legal standpoint to help and create peace of mind. They will touch on things like saving for the future, RDSP (Registered Disability Savings Program), setting up wills, estate considerations, appointing caregivers, disability planning in your business and more.
Thursday Oct 20, 2022
Thursday Oct 20, 2022
What is happening in the housing market? - Interest, Inflation, and Investment, oh my!
With an eventful 2022 slowly winding down but interest rates on the rise we knew it was time to have a professional come on the podcast and talk about the current state of the housing market. Rasha Ingratta, a mortgage expert with Mortgage Intelligence offers her expert opinions and insights on the unusual real estate situation. Being local to the Windsor/Essex area she has a great deal of experience in the unusual real estate pocket of the city south of Detroit. 🎸
On this informative podcast, Ben and Rasha discuss:
➡ The current inflation rate and how it impacts the rate
➡ Reflection on house values in the past 2 years
➡ When to think about refinancing
➡ How to qualify for a mortgage
➡ Information about the stress test
➡ Home equity line of credits
➡ Purchase Price and appraisal price
➡ Fixed or variable rate, past present and future
Thursday Sep 29, 2022
Thursday Sep 29, 2022
A podcast and a giveaway, what a beaut!
When we think of a budget, we don’t always jump up and down with excitement. It can seem daunting and make us feel restricted. What good is a budget if it is too rigid to stick with?
Enter PocketSmith, a New Zealand based budgeting app company, this app is as unique and individual as the person using it, it can help create flexible and sustainable budgets. When a client recommended this to us, Ben contacted the company, and they were an absolute joy to deal with. Ben was able to chat with Jason Leong, CEO and Co-Founder and the rest...well, you can listen to in this episode.
Whether this is your first-time using budgeting software or you are a seasoned veteran, this app has it all: integrations from your bank account, customized and flexible budgeting options, future forecasting and even allows budget sharing with your financial advisor. This podcast is highly informative and as an added bonus, we are teaming up with PocketSmith to give away a couple of one-year subscriptions so you can see what is under the hood and really get to know the app.
To enter, send us a screenshot of a 5 star review on Spotify or Apple Podcasts of your favourite podcast (The Clear Money Mindset 😉). Good luck to all of our listeners and happy budgeting!
Want to know more about Pocketsmith?
PocketSmith – The Best Budgeting & Personal Finance Software
Thursday Sep 15, 2022
Thursday Sep 15, 2022
Wanted to learn about RESP's but have not had time to do the research?
On this episode of "The Clear Money Mindset" we will walk you through the basics of the Registered Education Savings Plan.
Who can open an RESP?
What does the government contribute?
What kind of school can I use the funds for?
All these questions and more on the first of our "Savings Snippets" episodes!
Monday Aug 22, 2022
Monday Aug 22, 2022
Losing a loved one is a stressful event; between emotions, finances, family, and final wishes it can be a challenging time to navigate this unfamiliar terrain. There are many things to consider from both a financial and legal perspective - there are at least 87 decisions to make, pieces of information to gather or things to do when someone dies. Today on our podcast Ben is fortunate to be joined by Josie Hope, an accountant with LJ Business Solutions, as well as Ashley Harmon, a lawyer with Hogarth Hermiston Severs LLP, they will be discussing steps you can take before someone passes away, what needs to be done after, as well as tips to help ease the burden that you can put on your loved ones in the event of death. If you have ever had to act as an executor, you know the importance of an accountant and lawyer as you work to settle a final estate.
Thursday Jul 28, 2022
Thursday Jul 28, 2022
Lending Dollars & Saving Percents - Part 2
Rob Zanet of Axiom Mortgages continues his conversation with Ben as he provides more professional insight into the mortgage world. In the second part of this 2 part podcast Rob discusses his experiences with re-financing (this may be a big trend over the next few years), private mortgages, stress tests, and much more including variable versus fixed mortgages.
Monday Jul 11, 2022
Monday Jul 11, 2022
A podcast that really hits home (owners).
With the cost of housing going up, those who are looking to buy a home (or refinancing your current home) must work hard to save money. This is where the mortgage broker – a professional whose job is to find you the best mortgage rate, enters the conversation. Rob Zanet of Axiom mortgage walks you through what you need to know in part one of this 2-part podcast including:
The benefits of using a Broker.
Sources that Brokers can use.
What are the types of lenders and should you be concerned about “lesser known” lenders.
How Brokers are compensated.
Tips and Advice that could save you thousands in interest.
Rob Zanet and his wife Sandra have collectively over 50 years of mortgage experience in Windsor & Essex Country and currently operate Axiom Mortgages that locally has 2 offices located in both Tecumseh and Leamington.
The Clear Money Mindset
This podcast aims to give current and relevant information to help you manage your Money. Ben Davies is a Financial Advisor with Davies Financial-Sterling Mutuals Inc. Ben has a passion to see people thriving with their money.
The opinions expressed are those of the participants, are for informational purposes only, and do not necessarily reflect the views or opinions of Sterling Mutuals Inc. Mutual Funds provided through Sterling Mutuals Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.