Money Questions
Money Questions
Podcast Description
Are money worries keeping you up at night? You’re not alone. Join Matt, a finance expert with over 20 years of experience, and Nate, a self-employed financial planner with 15 years in the industry, as they help you take control of your financial future.
From financial literacy basics to practical tips for building wealth and avoiding common pitfalls, Matt and Nate bring clarity, empowerment, and a healthy perspective to your personal finances. Whether you're looking to reduce stress, improve your money habits, or simply get answers to your financial questions, this podcast is your go-to guide for navigating the complexities of money management.
Tune in to Money Questions—where knowledge is power, and financial freedom starts with a single step.
Podcast Insights
Content Themes
The show covers a variety of topics related to personal finance, including financial literacy, wealth building strategies, and common financial pitfalls. Episodes have included discussions on the importance of financial forecasting, the impact of life changes on financial planning, and strategies for improving money habits.
Are money worries keeping you up at night? You’re not alone. Join Matt, a finance expert with over 20 years of experience, and Nate, a self-employed financial planner with 15 years in the industry, as they help you take control of your financial future.
From financial literacy basics to practical tips for building wealth and avoiding common pitfalls, Matt and Nate bring clarity, empowerment, and a healthy perspective to your personal finances. Whether you’re looking to reduce stress, improve your money habits, or simply get answers to your financial questions, this podcast is your go-to guide for navigating the complexities of money management.
Tune in to Money Questions—where knowledge is power, and financial freedom starts with a single step.
Matt and Nate are back to discuss the concept of compounding and its importance in personal finance! They explore both sides of the compounding coin including saving early, even with small amounts, and the total cost of borrowing, including the interest paid on credit cards and car loans, and how it impacts finances. Using the example of a penny doubling daily for 30 days, which would result in $10.7 million, highlighting the power of time. They emphasize the importance of long-term thinking, noting that significant growth often occurs over extended periods. They also discuss the impact of debt compounding, where interest can significantly increase the cost of loans. Examples include a $20,000 credit card balance with a 20% interest rate, which could take nine years to pay off, costing an additional $23,000 in interest. They stress the importance of using the right financial vehicles, like TFSAs, to maximize savings and avoid tax interruptions.
To learn more visit: https://www.evangelinewealth.com/
DISCLAIMER: The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This presentation was prepared, by Matthew McGowan and Nathan England CFP, for the benefit of Matthew McGowan and Nathan England CFP, Mutual Fund Representative with Evangeline Wealth Management, a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this presentation comes from sources we believe are reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities. Mutual Funds are offered through Investia Financial Services Inc. Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the Fund Fact sheet or prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.
Disclaimer
This podcast’s information is provided for general reference and was obtained from publicly accessible sources. The Podcast Collaborative neither produces nor verifies the content, accuracy, or suitability of this podcast. Views and opinions belong solely to the podcast creators and guests.
For a complete disclaimer, please see our Full Disclaimer on the archive page. The Podcast Collaborative bears no responsibility for the podcast’s themes, language, or overall content. Listener discretion is advised. Read our Terms of Use and Privacy Policy for more details.