The Personal Finance Show

The Personal Finance Show is a place for people to tell their personal finance stories. Everyone has a personal finance story.

57 - Arian Beyzaei

November 9th, 2018
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At 22, Arian Beyzaei is Vice President of Operations at Enriched Academy and has investments of over $100,000.

At 16 he read Rich Dad, Poor Dad by Robert Kiyosaki and told his parents he wasn’t going to college or university.

They were not happy with his decision.

That year he saw Enriched Academy on Dragon’s Den and decided he wanted to join their mission to help Canadians learn, understand and control their money.

Though he was young, the founders of Enriched Academy were impressed by Arian’s passion for personal finance and his willingness to learn and let him join the company as an intern at 17.

He was hired on full time after 8 months and since then he has presented to tens of thousands of Canadians and has been the keynote speaker for hundreds of different corporations.

Arian joined me in the studio to tell us his personal finance story.

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58 - Liz Enriquez

56 - Danielle Alexandria

November 2nd, 2018
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Danielle Alexandria wants to help you create true wealth and freedom for the rest of your life.

She believes that creating wealth isn’t just about investing in funds and letting them grow for 40 years. A more holistic approach is needed.

As a financial empowerment coach Danielle will help you overcome your limiting beliefs about money, heal your emotional wounds and help you develop the mindset of the wealthy.

Your thoughts about money might be holding you back. You might think that you can never be wealthy or that attaining financial freedom is not possible.

Well, guess what, if you keep thinking these thoughts, there’s a pretty good chance they are going to come true!

Psychology plays a huge role in finances and Danielle is here to help you break down whatever barriers are between you and financial success.

Danielle joined me in Dufferin Grove Park in Toronto to tell her personal finance story.

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57 - Arian Beyzaei

55 - Robert Gignac

October 26th, 2018
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Robert Gignac wants you to know that you are capable of creating the financial future you desire.

But you can’t create a financial future if you don’t know anything about your financial present.

17 years ago, Robert lost his job in IT and realized he was actually doing ok financially. Sure, the money he had accumulated wouldn’t last forever, but as long as he generated some income to fill in the gaps along the way, he would be fine.

Robert only knew this because he had a financial plan in place.

If you are laid off and don’t have a financial plan, the only thing you can do is wonder if you’re going to be ok. You might get stressed out looking for a new job and panic if you don’t find one right away.

With a long-term financial plan, you don’t have to wonder. You’ll know if you’re ok or not.

But this personal finance stuff is really dull so Robert decided to write a book called Rich Is a State of Mind, to try to convince Canadians that taking control of your money is easier than they might think.

A highly sought-after speaker, Robert delivers dynamic keynote speeches and interactive workshop programs to International organizations, financial industry conferences and private clients.

He also has a podcast called Money, Motivation and More and a TV show called We Talk Money.

Robert joined me in the studio to tell his personal finance story.

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56 - Danielle Alexandria

54 - Rona Birenbaum

October 19th, 2018
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Rona Birenbaum wants you to be financially successful.

Rona started out in the financial services industry at a time when sales commissions were huge and the focus was on making money for yourself, and not necessarily your clients.

Rona decided that this was all wrong and in the year 2000 she founded Caring For Clients, Toronto’s best financial planning firm.

At Caring for Clients, Rona and her team do something called Integrative Financial Planning. Sometimes referred to as holistic planning, it means looking at your whole financial picture. I believe this testimonial from caringforclients.com says it best

"Rona and the team at Caring for Clients helped us put together a plan that is far beyond financial advice. Their unique holistic approach had us explore all aspects of our life to ensure that we had all the necessary support in place for our future."

Over the years, Rona realized that paying for a full financial plan from Caring for Clients wasn’t always in the financial best interest of prospective clients. So with the help of new technology, she recently created ViviPlan.com, where you can still get a great financial plan, but for a fraction of the price of a full-blown Caring for Clients plan.

I visited Rona at her office in downtown Toronto where she shared her personal finance story.

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55 - Robert Gignac

53 - Darlene Patgunarajah

October 11th, 2018
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Darlene Patgunarajah never fit in with the status quo. Darlene is a pioneer.

She started out as a registered nurse, and is currently working at an agency for financial advisors. This is not a very common career path.

Darlene is an excellent example of someone who built her own career path by creating new roles and systems that fit her skills and interests.

Just because you started somewhere doesn’t mean you have to end up there.

Just because a role doesn’t exist, doesn’t mean you can’t make a case for its existence.

It’s ok to reinvent yourself and even take a pay cut rather than stay somewhere that you don’t belong.

It is only by trying different things and making changes that you are able to find your true calling.

Darlene joined me in Toronto in Trinity Bellwoods park to tell the story of her non-traditional career path and how she managed her personal finances along the way.

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54 - Rona Birenbaum

52 - David Jenkins

October 5th, 2018
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David Jenkins wants to help you learn about investing. But he doesn’t want any compensation.

David wants you to pay it forward. If you learn something from his website, he wants you to make a donation to charity instead. David’s charity of choice is the Sanfilippo Children’s Research Foundation which was created to help find a cure for Sanfilippo Syndrome, a degenerative and terminal genetic disorder that affects children.

To try to simplify the complex world of investing, David created a website called theansweris.ca. It’s a financial education website that provides step-by-step instructions for a Model Long-Term Investment Portfolio containing six low-cost ETFs that are well-diversified both geographically, and more importantly, by economic sector.

But David doesn’t want you to just jump right in - he wants to make sure you understand the service he’s providing - and therefore he made it so that you have to complete a 6 question quiz before you proceed.

Especially if you are new to investing, it can be dangerous to follow David’s 100% equity model ETF portfolio if you don’t fully understand that he wants you to buy and hold for at least 10 years.

It’s also important to understand that the information that he provides is purely educational and is just one option for investing your money. David is a self-taught investor and is simply using this website to convey what he’s learned to whoever wants to listen.

Similar to what I would do as a personal finance coach, David is simply interested in providing you with information to help you make the right decisions for you. Please be sure to read all the disclaimers on theansweris.ca when you check it out.

David joined me in the studio earlier this year to share his personal finance story.

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53 - Darlene Patgunarajah

51 - Live from FinCon 2018

September 27th, 2018
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After driving for 20 hours to Orlando, Florida from Hamilton, Ontario, I decided that my 51st episode of the show would be a live solo episode from the podcast studio at FinCon 2018.

What am I talking about for 25 minutes?

Podcasts, of course!

I listened to 18 hours of podcasts during my drive. The last 2 hours I had a live person in the car, Sarah Li-Cain, from the website High Fiving Dollars and the podcast Beyond The Dollar, so I turned the podcasts off and we had a conversation instead!

Many of the episodes I listened to were more than an hour long so I didn’t listen to as many as you might be thinking. In today’s live, unedited, solo episode, I talk a bit about FinCon but mostly about the 7 podcasts I listened to during my 2.5 day road trip. Here they are, in no particular order:

Stacking Benjamins
Afford Anything
Beyond The Dollar
The Money and Media Podcast
Mo’ Money Podcast
The Fairer Cents
The Money Millhouse

You should check out all of these podcasts, but also all of the podcasts nominated for Plutus Awards this year. You can find the list here.

If you need to pick one, I 100% recommend The Fairer Cents. Tanja and Kara are talking about things we should all be talking about and they are really good at it. This is my favourite podcast.

I had a great trip down travelling through 8 states - New York, Pennsylvania, West Virginia, Virginia, North Carolina, South Carolina, Georgia, and Florida. On the way back, I get to add 2 more states, Maryland and the District of Columbia.  See you when I'm back in Canada!

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52 - David Jenkins

 

50 - Tina from Money Flamingo

September 22nd, 2018
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Tina from Money Flamingo will reach semi-retirement in 863 days.

Money Flamingo is an Australian blog about Financial Independence and Retiring Early, also known as FIRE.

There are many FIRE bloggers on the internet, and I will have a Canadian one on the show in the near future, but Money Flamingo is a bit different and not just because Tina and her husband are Australian.

In May of 2018 they started Project 1000, which is their plan to build their nest egg to $500,000 in 1000 days, then quit their regular day jobs, work part-time for 10 years while their nest egg doubles to $1,000,000, which should provide them with financial independence and the option to stop working.

You won’t find Tina’s picture or last name on the episode cover, because, like most FIRE bloggers, she prefers to remain anonymous. If you had a plan to quit your job in less than 3 years, you might not want your employer to know about that either.

You can check out Tina’s progress at moneyflamingo.com and decide for yourself whether you think their plan is feasible. Many people have achieved early retirement, and there are many ways to get there, depending on various factors like how much you want to spend today and what you intend to need for funds when you do stop working.

But Tina and Mr. Flamingo only started focusing on early retirement recently. A lot had to happen in Tina’s life before she even realized financial independence was possible for her and her husband. Tina met up with me somewhere(it’s a secret!) in Sydney, Australia to tell her personal finance story.

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If you liked this episode please subscribe to the podcast on Apple Podcasts or wherever you get your podcasts. If you’re already a subscriber, please let me know what you think of the show. You can email me at beau@beauhumphreys.com or tag me on Twitter @beauhumphreys. It would be nice to know who’s out there listening.

Thanks so much for listening to this episode of The Personal Finance Show.

Next week, my guest will be David Jenkins, founder of an investing intelligence website called theansweris.ca

 

49 - Bessie Hassan

September 14th, 2018
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Bessie Hassan is passionate about helping people find better deals and save money.

Bessie is the Australian Head of PR and Money Expert at Australia’s largest financial comparison site, finder.com.au.

I reached out to Bessie for the Australian Personal Finance Series because I think it’s so important to provide everyday consumers with as much information as possible, so they can make informed financial decisions. Not only does Bessie do that at Finder, she does it in a way that is relatable and accessible and helps promote financial literacy.

I met up with Bessie at the Finder headquarters in downtown Sydney, or CBD, Central Business District, if you’re Australian, where she shared her personal finance story.

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If you liked this episode please subscribe to the podcast on Apple Podcasts or wherever you get your podcasts. If you’re already a subscriber, please let me know what you think of the show. You can email me at beau@beauhumphreys.com or tag me on Twitter @beauhumphreys. It would be nice to know who’s out there listening.

Thanks so much for listening to this episode of The Personal Finance Show.

Next week, my Australian Personal Finance Series continues with my first anonymous guest. She goes by the first name Tina and has an Australian Financial Independence Retire Early blog called Money Flamingo.

48 - Kylie Travers

September 7th, 2018
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Kylie Travers turns obstacles into opportunities.

During a 3-year period, Kylie Travers lived through spousal abuse and subsequent divorce, she was homeless, robbed of everything including her underwear, she was temporarily paralyzed, had a cancer scare, and on top of all of this had to figure out how to support her 2 girls who had been diagnosed with learning disabilities and needed extra care, which costs extra money.

But Kylie didn’t let any of this get her down. In that same 3-year period, she was a speaker at the first FinCon conference in Chicago in 2011 and won best international personal finance blog at the Plutus Awards at FinCon 2012 and 2013.

Kylie runs her own successful business, where she is consultant, influencer, ambassador, marketer, and is involved in charity work in Australia, which led to her being named finalist for Young Australian of the Year in 2015.

Kylie has written several personal finance books which are available on her personal finance site called The Thrifty Issue and has a ton of free resources and blog posts at kylietravers.com.au.

In July 2018 I travelled to Australia to join my wife, Kaila, who was doing a one month exchange with a Sydney hospital as part of her McMaster University Medical training here in Hamilton. We already had plans to head to Melbourne for a weekend, so I reached out to Kylie, who lives there, and she agreed to meet me in Carlton Gardens to tell her inspirational personal finance story.

NEXT EPISODE

If you liked this episode please subscribe to the podcast on Apple Podcasts or wherever you get your podcasts. If you’re already a subscriber, please let me know what you think of the show. You can email me at beau@beauhumphreys.com or tag me on Twitter. It would be nice to know who’s out there listening.

Thanks so much for listening to this episode of The Personal Finance Show.

Next week, my Australian Personal Finance Series continues with Bessie Hassan, Head of PR Australia for finder.com.au.