The More Money for Beer and Textbooks Podcast https://myuniversitymoney.com Education Costs Money, but Ignorance Costs More Fri, 27 Sep 2019 12:48:18 +0000 en hourly 1 https://wordpress.org/?v=5.2.4 Kyle Prevost and Justin Bouchard – authors of the critically acclaimed More Money for Beer and Textbooks – A Financial Guide for Today’s Canadian Student – take their act to podcast land so that they can further help today’s Canadian youth and their parents navigate the world of post-secondary education. Before Kyle and Justin became published authors and two of Canada’s leading personal finance bloggers they were just a couple young guys away from home trying to get through university without drowning in debt. Now they want to share their tips for how they managed to graduate debt-free and smoothly transition into rewarding careers. Kyle and Justin discuss the current post-secondary climate with many of Canada’s leading financial minds, including the Globe and Mail’s Rob Carrick, The Toronto Star’s Ellen Roseman, TED Talk-giver and TV Personality Preet Banerjee, and Mike Holman who is the author of The RESP Book. The More Money for Beer and Textbooks Podcast will include updated information on student loan applications, student credit cards, student housing options, comparing college and university course offerings, scholarships, paying back your student debt, current labour market trends and career opportunities, as well as lighter topics such as how to brew your own beer and which discount beers give you the best bang for your buck. Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur justin.bouchardw@gmail.com justin.bouchardw@gmail.com (Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur ) Copyright - More Money For Beer and Textbooks 2013 Education Costs Money, but Ignorance Costs More... The More Money for Beer and Textbooks Podcast https://myuniversitymoney.com/wp-content/uploads/powerpress/More_Money_for_Beer_and_Textbooks_podcast_by_FAS_4_300px.jpg https://myuniversitymoney.com Winnipeg, Manitoba Bi-Weekly MMFBT 031: Robert Brown – “Wealthing Like Rabbits” https://myuniversitymoney.com/mmbt-031-robert-brown-wealthing-like-rabbits/ Mon, 16 Mar 2015 01:58:49 +0000 https://myuniversitymoney.com/?p=8377 https://myuniversitymoney.com/mmbt-031-robert-brown-wealthing-like-rabbits/#respond https://myuniversitymoney.com/mmbt-031-robert-brown-wealthing-like-rabbits/feed/ 0 <p>There’s lots of places to go for financial advice but very few places that are going to bring you references to, sex, video games, and the undead. That’s what you’re in for today on the More Money for Beer and Textbooks Podcast. Any personal finance book that starts with a Homer Simpson quote and has […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmbt-031-robert-brown-wealthing-like-rabbits/">MMFBT 031: Robert Brown – “Wealthing Like Rabbits”</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> There’s lots of places to go for financial advice but very few places that are going to bring you references to, sex, video games, and the undead. That’s what you’re in for today on the More Money for Beer and Textbooks Podcast.

Any personal finance book that starts with a Homer Simpson quote and has an opening sentence that reads,  “I have been told by people whose opinion I respect very much that no serious financial planning book would ever include sex, zombies, or a reference to Captain Picard,” is probably going to hold my attention longer than most.  Wealthing Like Rabbits by Robert Brown a hilarious look at the world of Canadian personal finance.  It’s written for beginners/Millennials (but has something for all Canadians) and does an excellent job of using accessible allegories and metaphors to illustrate examples (my personal favorite being the example of two hypothetical plumbers named Mario and Luigi who buy houses).

Click play if you want to hear about:

  • The More Money for Beer and Textbooks PodcastWhat the heck wealthing is and why people are supposed to do it like rabbits.
  • Why “asking your bank how much you’re allowed to spend is a bit like asking Ronald McDonald if you are allowed to supersize your Big Mac and fries.”
  • Discussion on if coffee tastes better when it’s made on a granite countertop.
  • What is really important when discussing the concept of a home versus an HGTV-ized house.
  • Is the sticker price of a house really the full amount you’ll pay (*spoiler alert – it’s not even close*)
  • Is this book full of pop culture references and money-related stuff worth your time?

As always we really appreciate any help in getting the word out there when it comes to the podcast.  If you could take 3 minutes and give us a rating and/or comment on iTunes that would be great.  It really helps us attract top-notch guests and we always appreciate the feedback.  We like to think that after 30 odd episodes we’ve put together a pretty cool library full of tips for young people whether they are in post-secondary school or not and given that we do this at our own cost (no one appears to be jumping at a sponsorship opportunity) we just want as many people to benefit as possible.

Podcast Links

Until next time, More Cheers More Beers That’s It That’s All.

MMFBT 031: Robert Brown – “Wealthing Like Rabbits” is posted originally on My University Money.

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There’s lots of places to go for financial advice but very few places that are going to bring you references to, sex, video games, and the undead. That’s what you’re in for today on the More Money for Beer and Textbooks Podcast. There’s lots of places to go for financial advice but very few places that are going to bring you references to, sex, video games, and the undead. That’s what you’re in for today on the More Money for Beer and Textbooks Podcast. Any personal finance book that starts with a Homer Simpson quote and has […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 24:36
MMFBT 030: John Robertson – “The Value of Simple” https://myuniversitymoney.com/mmfbt-030-john-robertson-value-simple/ Mon, 12 Jan 2015 03:57:30 +0000 https://myuniversitymoney.com/?p=8374 https://myuniversitymoney.com/mmfbt-030-john-robertson-value-simple/#comments https://myuniversitymoney.com/mmfbt-030-john-robertson-value-simple/feed/ 2 <p>The More Money for Beer and Textbooks Podcast is back and ready for an exciting 2015.  If you get anything at all out of the podcast (and I hope you do considering the quality of guests we bring on) please do us a favour and let your buddies know what this podcast thing is all […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-030-john-robertson-value-simple/">MMFBT 030: John Robertson – “The Value of Simple”</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> The More Money for Beer and Textbooks Podcast is back and ready for an exciting 2015.  If you get anything at all out of the podcast (and I hope you do considering the quality of guests we bring on) please do us a favour and let your buddies know what this podcast thing is all about.  We think it’s a great way to get some great info in as you complete daily activities like your morning commute or doing the dishes and would love to hear from people who’ve recently listened to back episodes or the latest stuff to roll out.  If you have some suggestions on what you’d like to see more of going forward – that’s great too!

Today we’re going to take a look at why this whole investing thing doesn’t have to be complicated.  In fact according to our guest – newly published author John Robertson – it can actually be quite simple.  We’ve had other guests on the show before (such as Dan Bortolotti) to talk about what index investing is, why it’s a perfect fit for most Canadians, but John is going to take it a step further and actually tell us the nuts and bolts behind the “how” of index investing.

The More Money for Beer and Textbooks PodcastJohn is known as Holy Potato to the online personal finance community, and his newest offering is titled, The Value of Simple – A Practical Guide to Taking the Complexity Out of Investing.  He seeks to explain how, “Investing really can be easy, and I mean actually easy, not like dieting easy where they say it’s easy – “just eat less” – but hard to actually pull off in practice.”

The first thing you should know about John is that he is smart.  Not like, “Man, my friend gets the odd Jeopardy question right” smart, but “I have a PhD in Medical Biophysics” smart.  But not all smart people are good at personal finance (very little correlation oddly enough) and it’s even more rare to find a really smart person who is good at explaining personal finance.  He’s much too modest to say any of this stuff for himself, but you should know it nonetheless.  John also happens to be one of my favorite personal finance bloggers, and even after reading about this stuff for years, I routinely come away from exchanging comments with John having learned something new.

Tune in to hear us chat about:

  • Why a doctorate in Medical Biophysics is writing books about simple investing for Canadians.
  • What is included in The Value of Simple and why it offers such a great value.
  • A detailed look that compares three great ways to get at index investing in Canada. All three are great and much better options than what 95% of Canadians are considering, but depending on how much effort you want to put in (there is a reason this is called couch potato investing) versus the costs you’re willing to sacrifice, one option might be a better fit than the others.
  • How do you pay your investment advisor and should you be breaking up with them?

Check out the podcast, read my in-depth review here, and purchase the book through John himself or through Amazon.

Until next time, More Beers More Cheers That’s It That’s All.

MMFBT 030: John Robertson – “The Value of Simple” is posted originally on My University Money.

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The More Money for Beer and Textbooks Podcast is back and ready for an exciting 2015.  If you get anything at all out of the podcast (and I hope you do considering the quality of guests we bring on) please do us a favour and let your buddies know what ... The More Money for Beer and Textbooks Podcast is back and ready for an exciting 2015.  If you get anything at all out of the podcast (and I hope you do considering the quality of guests we bring on) please do us a favour and let your buddies know what this podcast thing is all […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 26:28
MMFBT 029: How to Pay Off $32,000 In Student Loans the Day After You Graduate https://myuniversitymoney.com/mmfbt-029-how-to-pay-off-32000-in-student-loans-the-day-after-you-graduate/ Mon, 24 Nov 2014 02:30:14 +0000 https://myuniversitymoney.com/?p=8362 https://myuniversitymoney.com/mmfbt-029-how-to-pay-off-32000-in-student-loans-the-day-after-you-graduate/#respond https://myuniversitymoney.com/mmfbt-029-how-to-pay-off-32000-in-student-loans-the-day-after-you-graduate/feed/ 0 <p>Today on the MMFBT podcast we feature someone who paid off tens of thousands of dollars in student loan debt before he was charged a cent of interest.  His name is Daniel Dickin and you can view his full writing portfolio over at danieldickin.ca.  He is currently finishing his MA in Public Administration after receiving […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-029-how-to-pay-off-32000-in-student-loans-the-day-after-you-graduate/">MMFBT 029: How to Pay Off $32,000 In Student Loans the Day After You Graduate</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Today on the MMFBT podcast we feature someone who paid off tens of thousands of dollars in student loan debt before he was charged a cent of interest.  His name is Daniel Dickin and you can view his full writing portfolio over at danieldickin.ca.  He is currently finishing his MA in Public Administration after receiving his BA from Carleton and has written for the Prince Arthur Herald and the Huffington Post among other places.  Dan’s story came to my attention when I read a story in the Globe and Mail about how he paid off $32,000 in student loans as he was finishing his master’s thesis.

The More Money for Beer and Textbooks PodcastJoin us as we talk about:

  • Why Dan decided to take on student debt in the first place.
  • How you can use RESPs to boost your college savings before you ever leave high school.
  • How to juggle part-time jobs while attending post-secondary studies.
  • Navigating Ontario’s student loan process, better known as “OSAP”.
  • Why taking more OSAP funding than you actually need can be a good thing if you handle it in a disciplined manner. (Hint: a spring break trip to a tourist trap is not considered a “disciplined manner”.)
  • Is making pre-payments on your student loan always a good idea?

Admittedly Dan’s approach isn’t for everyone.  It entails knowing a little bit about how to best save and invest your money in the short term and it might blur some ethical lines depending on where you stand on the whole notion of using student loans to invest instead of paying for school.  I believe that at the very least his POV is unique and worth sharing with readers if only to get a bit of a different view on how to view student loans in general.

As always, any feedback you’d like to provide via our comments section or in the form of iTunes ratings is much appreciated.  If you’d like to come on the podcast don’t hesitate to contact us and we’ll get a session set up.

More Beers, More Cheers, That’s It That’s All!

MMFBT 029: How to Pay Off $32,000 In Student Loans the Day After You Graduate is posted originally on My University Money.

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Today on the MMFBT podcast we feature someone who paid off tens of thousands of dollars in student loan debt before he was charged a cent of interest.  His name is Daniel Dickin and you can view his full writing portfolio over at danieldickin.ca. Today on the MMFBT podcast we feature someone who paid off tens of thousands of dollars in student loan debt before he was charged a cent of interest.  His name is Daniel Dickin and you can view his full writing portfolio over at danieldickin.ca.  He is currently finishing his MA in Public Administration after receiving […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 24:36
MMFBT 028 – The Advantages of Canada’s Small Schools w/ Rob Nettleton https://myuniversitymoney.com/mmfbt-028-the-advantages-of-canadas-small-schools-w-rob-nettleton/ Mon, 03 Nov 2014 02:06:16 +0000 https://myuniversitymoney.com/?p=8347 https://myuniversitymoney.com/mmfbt-028-the-advantages-of-canadas-small-schools-w-rob-nettleton/#respond https://myuniversitymoney.com/mmfbt-028-the-advantages-of-canadas-small-schools-w-rob-nettleton/feed/ 0 <p>I introduced Rob Nettleton to our audience last week when we chatted about how to ignore the stigma of being a money-conscious young person and student lines of credit. After we wrapped up that podcast we decided to make Rob the first ever guest to record back-to-back shows because I wanted to ask him about […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-028-the-advantages-of-canadas-small-schools-w-rob-nettleton/">MMFBT 028 – The Advantages of Canada’s Small Schools w/ Rob Nettleton</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> I introduced Rob Nettleton to our audience last week when we chatted about how to ignore the stigma of being a money-conscious young person and student lines of credit.

After we wrapped up that podcast we decided to make Rob the first ever guest to record back-to-back shows because I wanted to ask him about a few things unrelated to the article that was written about him in the Globe and Mail.  Foremost among them was Rob’s experience going to small school (Algonquin College) where he was student president for a year.

Tune in to hear us discuss:

  • The More Money for Beer and Textbooks PodcastWhy we both think small schools like Algonquin are a great bet going forward.
  • What sort of attributes are unique to certain types of college or skilled-labour focused institutions relative to our huge “traditional style” universities.
  • How a student can start at a college and earn credits towards a university degree.
  • Why skilled labour is in such a great position and why I sometimes wish I love welding as much as I love reading books.
  • What student politics is like – both the good and the bad.
  • Why Rob ultimately chose to go to Carleton after attending Algonquin and how that whole process worked.

Personally, I think these blended college/university programs (also referred to as polytechniques in some parts of Canada) are excellent options and deserve much more consideration that they are currently getting.  They are often much more responsive to market trends and focus much more on connecting with industry than traditional massive liberal arts undergraduate university faculties.  Ultimately at the end of the day the best fit for a specific individual is going to be just as unique as they are when it comes to post-secondary education, so co-op programs and education partnerships might not be best for every single person, but that cross-pollination of ideas is far better for education overall than the traditional ivory tower approach.

As always, any feedback you’d like to provide via our comments section or in the form of iTunes ratings is much appreciated.  If you’d like to come on the podcast don’t hesitate to contact us and we’ll get a session set up.

More Beers, More Cheers, That’s It That’s All!

MMFBT 028 – The Advantages of Canada’s Small Schools w/ Rob Nettleton is posted originally on My University Money.

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I introduced Rob Nettleton to our audience last week when we chatted about how to ignore the stigma of being a money-conscious young person and student lines of credit. After we wrapped up that podcast we decided to make Rob the first ever guest to rec... I introduced Rob Nettleton to our audience last week when we chatted about how to ignore the stigma of being a money-conscious young person and student lines of credit. After we wrapped up that podcast we decided to make Rob the first ever guest to record back-to-back shows because I wanted to ask him about […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 27:34
MMFBT 027 – The Undeserved Stigma of Being “Cheap” w/ Rob Nettleton https://myuniversitymoney.com/mmfbt-027-undeserved-stigma-cheap-w-rob-nettleton/ Mon, 20 Oct 2014 02:52:03 +0000 https://myuniversitymoney.com/?p=8318 https://myuniversitymoney.com/mmfbt-027-undeserved-stigma-cheap-w-rob-nettleton/#respond https://myuniversitymoney.com/mmfbt-027-undeserved-stigma-cheap-w-rob-nettleton/feed/ 0 <p>Today’s guest came to my attention when I was reading the Globe and Mail one morning.  Suffice to say, when you read a headline such as, “He’s 26 with $32,000 in savings. Here’s how he did it,” you think to yourself that there might be something worth exploring there. It turns out that Rob Nettleton is pretty much just […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-027-undeserved-stigma-cheap-w-rob-nettleton/">MMFBT 027 – The Undeserved Stigma of Being “Cheap” w/ Rob Nettleton</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Today’s guest came to my attention when I was reading the Globe and Mail one morning.  Suffice to say, when you read a headline such as, “He’s 26 with $32,000 in savings. Here’s how he did it,” you think to yourself that there might be something worth exploring there.

It turns out that Rob Nettleton is pretty much just a really cool “everyman” – expect for the fact he managed to save a ton of money while doing stuff like being a student union president and travelling to Norway amongst other things.

Rob lives in Ottawa and attended school at both Algonquin College and Carlton University.  While he graduated with $18,000 in student debt after several years of post-secondary study, in a few short years he’s managed to establish some solid savings habits and not only dig himself completely out of debt – but to begin growing a nice little nest egg as well.  It should be noted that while many people don’t see coming out of school with $18K debt a major win, if you are forced to leave a rural area in order to live away from home and attend post-secondary studies like Rob and I, then this number is fairly modest.

The following quote from the article caught my attention:

 The More Money for Beer and Textbooks Podcast“Some people say I’m older than my age when it comes to saving,” Mr. Nettleton, a writer at a communications firm, said in an interview. “It’s always been something that has been very important to me because I come from a lower-income family. I watched my parents struggle with debt and I told myself it was something I would never allow myself to do.”

Interestingly enough when I contacted Rob about doing a podcast we couldn’t decide on what specifically we wanted to focus on.  I liked the fact that he had a unique educational background going to two different types of post-secondary institutions and that he had some experience with student debt, as well as tried-and-true savings techniques.  However, after reading some of the comment feedback to his story in the G & M, Rob said he wanted to talk about this backlash to the idea that someone could enjoy life and yet still manage to save money at the same time.  Of course any time you actually read internet comments only bad things can happen, but we tackle the issue anyway.

Tune in next week to listen to Rob’s insights about small-school vs big-school and how Canada’s various different post-secondary institutions stack up.

Tune in now to hear us chat about:

  • Why the ridiculous stigma around being money-conscious should be abolished.
  • Some quick and easy tips to save you money this school year – from a guy who was just in school – not some staff writer who got their degree in 1973.
  • What a student line of credit looks like – even if you don’t have a co-signer.
  • How to not let ignorant folks get to you.

As always, any feedback you’d like to provide via our comments section or in the form of iTunes ratings is much appreciated.  If you’d like to come on the podcast don’t hesitate to contact us and we’ll get a session set up.

More Beers, More Cheers, That’s It That’s All!

MMFBT 027 – The Undeserved Stigma of Being “Cheap” w/ Rob Nettleton is posted originally on My University Money.

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Today’s guest came to my attention when I was reading the Globe and Mail one morning.  Suffice to say, when you read a headline such as, “He’s 26 with $32,000 in savings. Here’s how he did it,” you think to yourself that there might be something worth ... Today’s guest came to my attention when I was reading the Globe and Mail one morning.  Suffice to say, when you read a headline such as, “He’s 26 with $32,000 in savings. Here’s how he did it,” you think to yourself that there might be something worth exploring there. It turns out that Rob Nettleton is pretty much just […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 29:25
MMFBT 026 – How To Own a Half-Million Dollar Home by the Time You’re 31 – With No Mortgage! https://myuniversitymoney.com/mmfbt-half-million-dollar-home-time-31-mortgage/ Mon, 06 Oct 2014 01:30:50 +0000 https://myuniversitymoney.com/?p=8296 https://myuniversitymoney.com/mmfbt-half-million-dollar-home-time-31-mortgage/#respond https://myuniversitymoney.com/mmfbt-half-million-dollar-home-time-31-mortgage/feed/ 0 <p>Another episode of the More Money for Beer and Textbooks Podcast and another cool guest to share some unique insights. Sean Cooper is a professional freelance financial writer and blogger with 5 years’ experience in the financial industry. His areas of expertise include real estate, mortgages, personal finance, pensions, retirement, and financial news. His articles […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-half-million-dollar-home-time-31-mortgage/">MMFBT 026 – How To Own a Half-Million Dollar Home by the Time You’re 31 – With No Mortgage!</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Another episode of the More Money for Beer and Textbooks Podcast and another cool guest to share some unique insights.

Sean Cooper is a professional freelance financial writer and blogger with 5 years’ experience in the financial industry. His areas of expertise include real estate, mortgages, personal finance, pensions, retirement, and financial news. His articles have been featured in major publications, including the Toronto Star, Globe and Mail, and MoneySense magazine.

We didn’t bring Sean on because he has all of these writing bonafides however, no, we brought him on because he’s got a story I’m not sure I’ve read anywhere else before.  This dude wants to own his own home by the time he’s 31 – in Southern Ontario no less!

I mean, owning my home by the time I am 31 would be sweet, but considering many people have car payments larger than my mortgage payments it wouldn’t be that newsworthy.  The More Money for Beer and Textbooks PodcastSean’s house is a legit home in Canada’s 2nd biggest real estate market and he has cut some interesting corners in order to make his aggressive schedule of payments.

Sean’s approach certainly isn’t for everyone – I know I’m not willing to make some of the sacrifices he has – but it’s somewhat motivating to see what can be accomplished under the right circumstances.

Listen in if you want to hear us ramble about:

  • How in the world someone builds up that sort of home equity by their late 20s.
  • What Income Property and Scott McGillivray have to do with Sean’s story.
  • Tips for making it through school not only debt-free but also coming with a sizeable nest egg with which to put a down payment on a house!
  • Sean’s quest for early financial independence and why it’s so important to him.

As always, any feedback you’d like to provide via our comments section or in the form of iTunes ratings is much appreciated.  If you’d like to come on the podcast don’t hesitate to contact us and we’ll get a session set up!

Check Sean out at SeanCooperWriter.com for more on his writing and real estate adventures or follow him on Twitter @SeanCooperWrite.

More Beers, More Cheers, That’s It That’s All!

MMFBT 026 – How To Own a Half-Million Dollar Home by the Time You’re 31 – With No Mortgage! is posted originally on My University Money.

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Another episode of the More Money for Beer and Textbooks Podcast and another cool guest to share some unique insights. Sean Cooper is a professional freelance financial writer and blogger with 5 years’ experience in the financial industry. Another episode of the More Money for Beer and Textbooks Podcast and another cool guest to share some unique insights. Sean Cooper is a professional freelance financial writer and blogger with 5 years’ experience in the financial industry. His areas of expertise include real estate, mortgages, personal finance, pensions, retirement, and financial news. His articles […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 21:36
MMFBT 025 – Jeannine Mitchell on the Twilight Zone that is Canada’s Student Loan Programs https://myuniversitymoney.com/mmfbt-jeannine-mitchell-twilight-zone-canadas-student-loan-programs/ Mon, 22 Sep 2014 01:20:24 +0000 https://myuniversitymoney.com/?p=8240 https://myuniversitymoney.com/mmfbt-jeannine-mitchell-twilight-zone-canadas-student-loan-programs/#respond https://myuniversitymoney.com/mmfbt-jeannine-mitchell-twilight-zone-canadas-student-loan-programs/feed/ 0 <p>Today on the more money for beer and textbooks podcast we’re bringing in special guest Jeaninne Mitchell to look at the ins and outs of student loans in Canada.  Jeannine runs the website debt101.ca and has written an eBook that you can find on Amazon, titled Ka-Ching – How your family can cut thousands off […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-jeannine-mitchell-twilight-zone-canadas-student-loan-programs/">MMFBT 025 – Jeannine Mitchell on the Twilight Zone that is Canada’s Student Loan Programs</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Today on the more money for beer and textbooks podcast we’re bringing in special guest Jeaninne Mitchell to look at the ins and outs of student loans in Canada.  Jeannine runs the website debt101.ca and has written an eBook that you can find on Amazon, titled Ka-Ching – How your family can cut thousands off of your student debt without paying a cent.

Jeannine has been writing personal finances since I was learning my alphabet and brings a lot of experience and policy knowledge to a discussion about student loans.  I don’t hesitate to say that I’m pretty sure Mrs. Mitchell knows more about the world of Canada student loans than the combined bureaucracy that actually runs the programs.

Tune in to learn more about:

  • The More Money for Beer and Textbooks PodcastWhat do Canada student loans like and are they a good idea?
  • What is the difference between a provincial student loan and a federal student loan (aka Canada Student Loan)?
  • Which provinces are currently the most “student-friendly” when it comes to student loans, student rebates, and tuition rates?  *The answer might surprise you.*
  • What is the Repayment Assistance Program (RAP) and do you qualify for it?
  • Where are student loans headed in this country?
  • Why in the world is the student loan process so complicated?

Head over to debt101 where there is a one-of-a-kind collection of raw data in regards to Canada Student Loans, provincial student loan programs, and things such as the Repayment Assistance Plan (RAP) program.

Also, keep an eye out for Jeannine’s upcoming new book that seeks to help middle-class Canadians navigate a financial aid system that doesn’t provide them with much support at first glance.

As always, any feedback you’d like to provide via our comments section or in the form of iTunes ratings is much appreciated.  If you’d like to come on the podcast don’t hesitate to contact us and we’ll get a session set up.

More Beers, More Cheers, That’s It That’s All!

MMFBT 025 – Jeannine Mitchell on the Twilight Zone that is Canada’s Student Loan Programs is posted originally on My University Money.

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Today on the more money for beer and textbooks podcast we’re bringing in special guest Jeaninne Mitchell to look at the ins and outs of student loans in Canada.  Jeannine runs the website debt101.ca and has written an eBook that you can find on Amazon,... Today on the more money for beer and textbooks podcast we’re bringing in special guest Jeaninne Mitchell to look at the ins and outs of student loans in Canada.  Jeannine runs the website debt101.ca and has written an eBook that you can find on Amazon, titled Ka-Ching – How your family can cut thousands off […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 29:02
MMFBT 024 – Time to Get Your Own Place? https://myuniversitymoney.com/mmfbt-024-time-to-get-your-own-place/ Mon, 08 Sep 2014 01:30:06 +0000 https://myuniversitymoney.com/?p=8266 https://myuniversitymoney.com/mmfbt-024-time-to-get-your-own-place/#respond https://myuniversitymoney.com/mmfbt-024-time-to-get-your-own-place/feed/ 0 <p>You’ve graduated from school, decided the European or Australian travel circuits weren’t for you (perhaps you didn’t properly understand the meaning of YOLO?).  Now what? Your parents and the world would say not only is it time to get a job – it’s time to act like a Canadian grown up and buy a house […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-024-time-to-get-your-own-place/">MMFBT 024 – Time to Get Your Own Place?</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> You’ve graduated from school, decided the European or Australian travel circuits weren’t for you (perhaps you didn’t properly understand the meaning of YOLO?).  Now what?

Your parents and the world would say not only is it time to get a job – it’s time to act like a Canadian grown up and buy a house as soon as possible.  No one knows exactly why, but there’s a strong inference from elder statesmen (and states-women?) that you aren’t a real adult until you own the roof you sleep under.

In many parts of the world renting for the rest of your life is considered normal – but not here.  It’s been said by a lot of people much smarter than I that North Americans have an unhealthy obsession with homeownership.

The More Money for Beer and Textbooks PodcastIf that’s true than I should admit to being part of the problem.  I made some sacrifice to buy a home at a young age, and I really enjoy the benefits.  That being said, it certainly isn’t for everyone (as many of you in urban centres can no doubt attest).  So how might you go about deciding what’s best for you?

Buying a house isn’t rocket science, but at the same time it’s the largest purchase most people will make in their lives, so putting a little thought into the financial side of it – in additional to all of the non-financial considerations – is always a good idea.  Justin and I will talk about some of the more common questions about buying a house or condo that young Canadians have.

We also chat about:

  • The classic rent vs buy debate as it appears to young Canadians right now.
  • Should you even want to be a homeowner?
  • If owning a piece of the planet is something you’re into, we’ll give you steps to get there.
  • Why the phrase, “My home is the best investment I ever made,” is frustrating to people that understand how investments work.
  • What the heck is the Homebuyer’s Plan and how might it help me?
  • Should you rent to your buddies?  What might being a landlord look like?

We’re always thankful for anyone that takes the time to pop on over to iTunes to leave a star rating for us, as well as give us a little feedback via the comments section.  Let us know how we’re doing!

See you next week folks.  More Cheers, More Beers, That’s It, That’s All!

MMFBT 024 – Time to Get Your Own Place? is posted originally on My University Money.

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You’ve graduated from school, decided the European or Australian travel circuits weren’t for you (perhaps you didn’t properly understand the meaning of YOLO?).  Now what? Your parents and the world would say not only is it time to get a job – it’s time... You’ve graduated from school, decided the European or Australian travel circuits weren’t for you (perhaps you didn’t properly understand the meaning of YOLO?).  Now what? Your parents and the world would say not only is it time to get a job – it’s time to act like a Canadian grown up and buy a house […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 21:23
MMFBT 023 – Peter Hodson on Why Young People Don’t Need to be Afraid of Stocks https://myuniversitymoney.com/mmfbt-023-peter-hodson-on-why-young-people-dont-need-to-be-afraid-of-stocks/ Mon, 25 Aug 2014 01:15:28 +0000 https://myuniversitymoney.com/?p=8251 https://myuniversitymoney.com/mmfbt-023-peter-hodson-on-why-young-people-dont-need-to-be-afraid-of-stocks/#comments https://myuniversitymoney.com/mmfbt-023-peter-hodson-on-why-young-people-dont-need-to-be-afraid-of-stocks/feed/ 2 <p>Today on the More Money for Beer and Textbooks Podcast we’re talking about the stock market and if it’s a good thing that young Canadians are so afraid of it.  Peter Hodson joins us to give his insights into the millennial brain and why we might be making illogical decisions when it comes to our […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-023-peter-hodson-on-why-young-people-dont-need-to-be-afraid-of-stocks/">MMFBT 023 – Peter Hodson on Why Young People Don’t Need to be Afraid of Stocks</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Today on the More Money for Beer and Textbooks Podcast we’re talking about the stock market and if it’s a good thing that young Canadians are so afraid of it.  Peter Hodson joins us to give his insights into the millennial brain and why we might be making illogical decisions when it comes to our long-term investment planning.

Peter is the CEO of 5i Research and provides independent 3rd party financial analysis.  He also writes for many of Canada’s premier publications and is the editor of Canadian MoneySaver Magazine.  Before opening up his own shop, Peter was a big shot over at Sprott Asset Management (aka some of the biggest and baddest money people in Canada).

The More Money for Beer and Textbooks PodcastPerhaps most impressively, Peter is planning to bike across Canada From September 4th to 20th with The Sears National Kids Cancer Ride (click here for donation information).  The plan is to go coast-to-coast in 17 days.   He’s not only collecting donations, but will match your donation up to a $15,000 total limit.  Thanks for joining us today Peter.

By far the most interesting part for me personally about this podcast was the fact that the former ultra-successful money manager from one of Canada’s most successful companies was willing to speak so strong against mutual funds and their associated fee structures.  I thought we might have a fun little debate on the topic seeing as how I’m such a passionate DIY/indexing guy, but Peter is right there with me in denouncing his former profession.

We also chat about:

  • How Peter got started in the world of finance & why paper routes are such a great idea.
  • Why young people are so scarred following the collapse of the financial world in 2008.
  • The fact that the stock market is still a fantastic bet over the long run.
  • What you can do today to get started on your investing journey.
  • Peter’s upcoming bike ride across Canada and the crazy injury he has sustained in training for it.

As always, any feedback you’d like to provide via our comments section or in the form of iTunes ratings is much appreciated.  If you’d like to come on the podcast don’t hesitate to contact us and we’ll get a session set up.

More Beers, More Cheers, That’s It That’s All!

MMFBT 023 – Peter Hodson on Why Young People Don’t Need to be Afraid of Stocks is posted originally on My University Money.

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Today on the More Money for Beer and Textbooks Podcast we’re talking about the stock market and if it’s a good thing that young Canadians are so afraid of it.  Peter Hodson joins us to give his insights into the millennial brain and why we might be mak... Today on the More Money for Beer and Textbooks Podcast we’re talking about the stock market and if it’s a good thing that young Canadians are so afraid of it.  Peter Hodson joins us to give his insights into the millennial brain and why we might be making illogical decisions when it comes to our […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 28:16
MMFBT 022 – Transitioning From School to the Working World https://myuniversitymoney.com/mmfbt-022-transitioning-school-working-world/ Mon, 11 Aug 2014 01:30:37 +0000 https://myuniversitymoney.com/?p=8238 https://myuniversitymoney.com/mmfbt-022-transitioning-school-working-world/#respond https://myuniversitymoney.com/mmfbt-022-transitioning-school-working-world/feed/ 0 <p>This week on the podcast we have one of my favourite guests yet.  Melissa Leong from the Financial Post drops by to talk about making the jump from college and/or university to the working world. Many young adults I talk to are having an incredibly difficult time bridging the jobs gap that is quickly becoming […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-022-transitioning-school-working-world/">MMFBT 022 – Transitioning From School to the Working World</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> This week on the podcast we have one of my favourite guests yet.  Melissa Leong from the Financial Post drops by to talk about making the jump from college and/or university to the working world.

Many young adults I talk to are having an incredibly difficult time bridging the jobs gap that is quickly becoming a gaping chasm in some industries.

Unfortunately I hadn’t got a chance to talk to Melissa before the interview.  I thought I’d be getting a great guest who could articulate what had allowed her to transition so successfully from being a superb student, to making a living doing what she loves every day – something that is much harder than it sounds.  What I got instead was someone who was not only bright and articulate, but a brilliant mixture of charisma and true humility as well.  You don’t bump into people like Melissa every day, so please listen in.

The More Money for Beer and Textbooks PodcastJoin us as we chat about:

  • Why journalism and writing can be such a great career choice – even today!
  • Why being on multiple media platforms can be such a direct route to success.
  • Tips on succeeding in your first work environment.
  • Melissa’s thoughts on unpaid internships and having to travel to find employment.
  • Hard work and why it’s one ingredient no one can do without.
  • Specific thoughts on strategies for young women to reach their full potential in the working world.
  • Melissa’s unique blend of fiction and non-fiction writing and how she makes it work.

Look for Melissa’s columns in the Financial Post and check her out on CTV.  Finally, if you’re a young adult action fan, read What Kills Me and I Am Forever, written under the pen name Wynne Channing.

Melissa is a class act who is way too humble to admit that she has won awards such as the 2002 Toronto Star Award for the graduating Ryerson student deemed to be the best print journalist.  For those of you that don’t know, Ryerson is the premier journalism school in the country.

On top of all of these achievements however, is the fact that Melissa is young enough to remember what “starting out” feels like and is willing to let you know the specific steps she just finished taking.  That sort of perspective is invaluable.

As always, any feedback you’d like to provide via our comments section or in the form of iTunes ratings is much appreciated.  If you’d like to come on the podcast don’t hesitate to contact us and we’ll get a session set up!

More Beers, More Cheers, That’s It That’s All!

MMFBT 022 – Transitioning From School to the Working World is posted originally on My University Money.

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This week on the podcast we have one of my favourite guests yet.  Melissa Leong from the Financial Post drops by to talk about making the jump from college and/or university to the working world. Many young adults I talk to are having an incredibly dif... This week on the podcast we have one of my favourite guests yet.  Melissa Leong from the Financial Post drops by to talk about making the jump from college and/or university to the working world. Many young adults I talk to are having an incredibly difficult time bridging the jobs gap that is quickly becoming […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 27:18
MMFBT 021- Take It To the Bank https://myuniversitymoney.com/mmfbt-021-take-it-to-the-bank/ Mon, 28 Jul 2014 04:22:12 +0000 https://myuniversitymoney.com/?p=8263 https://myuniversitymoney.com/mmfbt-021-take-it-to-the-bank/#comments https://myuniversitymoney.com/mmfbt-021-take-it-to-the-bank/feed/ 4 <p>“Don’t call it a comeback – we never left!” Yah… So about that whole “short break” thing… Justin and I apologize for our tardiness.  We know that it has been awhile since we tossed out a new one of these things.  The good news is that now have a bunch of interviews in the hopper […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-021-take-it-to-the-bank/">MMFBT 021- Take It To the Bank</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> “Don’t call it a comeback – we never left!”

Yah… So about that whole “short break” thing…

Justin and I apologize for our tardiness.  We know that it has been awhile since we tossed out a new one of these things.  The good news is that now have a bunch of interviews in the hopper and are ready to go.  We’d blame our fiancee’s but that wouldn’t end well, so awkwardly moving on…

It’s toughing knowing what questions people want answers or what issues we should specifically be looking at so please let us know!  If you have any questions you want us to look up and chat about just throw them in the comments, send us an email using our contact page, or send us an email.  If you think you want to come on the show, chances are we’d love to have you, so don’t be a stranger.  All it takes is a phone line or a Skype connection!

Today we tackle the world of banking.  There is something that gets me increasingly agitated the more I think about it when I look at the business model of banks today.  Well, not too agitated because I simply invest in the banks and get my money back on the back end, but it is still pretty illogical to me.

The More Money for Beer and Textbooks PodcastThe idea that banks take our money and provide a service by merely storing it for us is a little ridiculous.  I mean, they take that money and make a lot of money investing it and lending it to other people.  Then they want to charge us pesky fees on top of that?!  If you don’t think there is something fundamentally wrong with that picture then congratulations, you are pretty much the average Canadian (someone way too busy to think about this stuff).

Anyway, we’ll give you some tips to help you beat those nickel-and-dime fees. (Obviously it has been a while since that idiom was created, they’re a lot more than a nickel or dime these days!)

Tune In To Hear Justin And I Talk About:

  • What a decent student bank account deal should look like.
  • How everything is negotiable.
  • Debate the merits of online banking versus traditional “bricks-and-mortar” banks.
  • What you should look for as you graduate and banks begin to start to charge you for your everyday banking needs.
  • Justin reveals the online bank he has recently switched over to and why he loves it.
  • No more waiting in line to deposit cheques at the bank.

We’re always thankful for anyone that takes the time to pop on over to iTunes to leave a star rating for us, as well as give us a little feedback via the comments section.  Let us know how we’re doing!

See you next week folks.  More Cheers, More Beers, That’s It, That’s All!

MMFBT 021- Take It To the Bank is posted originally on My University Money.

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“Don’t call it a comeback – we never left!” Yah… So about that whole “short break” thing… Justin and I apologize for our tardiness.  We know that it has been awhile since we tossed out a new one of these things. “Don’t call it a comeback – we never left!” Yah… So about that whole “short break” thing… Justin and I apologize for our tardiness.  We know that it has been awhile since we tossed out a new one of these things.  The good news is that now have a bunch of interviews in the hopper […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 16:50
MMFBT 020 – What To Consider If You’ve Considering University https://myuniversitymoney.com/mmfbt-020-consider-youve-considering-university/ Mon, 21 Apr 2014 01:30:30 +0000 https://myuniversitymoney.com/?p=7959 https://myuniversitymoney.com/mmfbt-020-consider-youve-considering-university/#respond https://myuniversitymoney.com/mmfbt-020-consider-youve-considering-university/feed/ 0 <p>We’re very pleased to welcome back to the podcast Dr. Ken Coates from the University of Saskatchewan.  This is our first time inviting a guest to join us for a second time and the reasoning behind the bro-mance is because I think so highly of the material that Dr. Coates and his partner in crime […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-020-consider-youve-considering-university/">MMFBT 020 – What To Consider If You’ve Considering University</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> We’re very pleased to welcome back to the podcast Dr. Ken Coates from the University of Saskatchewan.  This is our first time inviting a guest to join us for a second time and the reasoning behind the bro-mance is because I think so highly of the material that Dr. Coates and his partner in crime Bill Morrison are putting out there.  They are two of the only authors out there today (besides yours truly of course) that are writing for an exclusively Canadian audience, and that have a realistic outlook on the Canadian post-secondary scene.  It’s refreshing to talk to someone who argues with actual facts and realism, instead of the usual spin-doctoring and insane theory that we are used to getting from most people that exist in the ivory tower of universities.

Get The Book

The More Money for Beer and Textbooks PodcastDr. Coates and Dr. Morrison recently released the aptly-named book, “What to Consider when Considering University,” that all Canadian kids and their parents should be pick up as a companion to More Money for Beer and Textbooks – A Financial Guide for Today’s Canadian Student.  It’s a very accessible book that gives the straight goods on what to expect the world of post-secondary education to look like in Canada today.  Don’t be intimidated by the academic qualifications for the authors (as impressive as they are), this book is articulately written, but the authors certainly don’t go out of their way to prove how smart they are with ten-dollar words and 33 footnotes per page.

Tune in and listen to Dr. Coates – or Ken as he prefers – talk about:

  • The misconceptions and misinformation out there about university and college in Canada today.
  • Why the “Million Dollar Promise” of a university education is ridiculous.
  • Who should go to university in a perfect world.
  • How should you know if you’re going to be successful in university or if you will make a good university student?
  • Some personal anecdotes about the college vs university vs polytechnique conundrum.
  • Why polytechniques are a great deal for the students that fit the right profile (seriously, listen to this part).
  • We wrap up with some ideas on where to go from here in terms of getting a reality-based message out there and we share some thoughts on the current legislation passed by the government of Newfoundland and Labrador that will see the province replace the student loans program with a student grant program.

As always please fire away with any questions, comments, or ratings.  We respond to all of our emails and comments on the site and love hearing what you guys want to listen to on the podcast and the information you want to get at.

More Beers More Cheers That’s It That’s All

 

MMFBT 020 – What To Consider If You’ve Considering University is posted originally on My University Money.

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We’re very pleased to welcome back to the podcast Dr. Ken Coates from the University of Saskatchewan.  This is our first time inviting a guest to join us for a second time and the reasoning behind the bro-mance is because I think so highly of the mater... We’re very pleased to welcome back to the podcast Dr. Ken Coates from the University of Saskatchewan.  This is our first time inviting a guest to join us for a second time and the reasoning behind the bro-mance is because I think so highly of the material that Dr. Coates and his partner in crime […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 31:39
MMFBT 019 – Doug Hoyes – Can Bankruptcy Erase Student Debt? https://myuniversitymoney.com/mmfbt-019-doug-hoyes-can-bankruptcy-erase-student-debt/ Mon, 14 Apr 2014 01:30:21 +0000 https://myuniversitymoney.com/?p=7956 https://myuniversitymoney.com/mmfbt-019-doug-hoyes-can-bankruptcy-erase-student-debt/#comments https://myuniversitymoney.com/mmfbt-019-doug-hoyes-can-bankruptcy-erase-student-debt/feed/ 1 <p>“I got it all figured out man… Sure I’ll be in school for a bunch of years, but I’ll live the good life off of student loans!  The government is so dumb that they’re going to pay for me to become a lawyer/engineer/doctor and then when it’s done I’ll just declare bankruptcy and the slate […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-019-doug-hoyes-can-bankruptcy-erase-student-debt/">MMFBT 019 – Doug Hoyes – Can Bankruptcy Erase Student Debt?</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> “I got it all figured out man… Sure I’ll be in school for a bunch of years, but I’ll live the good life off of student loans!  The government is so dumb that they’re going to pay for me to become a lawyer/engineer/doctor and then when it’s done I’ll just declare bankruptcy and the slate will be wiped clean!  Sure, my credit rating might be rough for a couple of years, but that’s definitely worth getting rid of a 150K in student loans right?”

While you might have heard some smart ass spout off and sound awfully similar to the quote above, it just doesn’t work like that in 2014.  Personally, I’m kind of a fan on this because just declaring bankruptcy and “getting rid” of your student loans essentially rips off the rest of us as taxpayers.

The More Money for Beer and Textbooks PodcastToday on the podcast we bring on Doug Hoyes, who is a bankruptcy expert to fill us in on some of the finer points surrounding student loans, young adulthood and bankruptcy.  Doug is a regular on the Canadian TV scene (yes, those channels you skip on your way to HBO, Showtime and AMC).  He has appeared on CTV Douglas has appeared on Canada AM, Til Debt Do Us Part,CBC Newsworld, and CTV’s Provincewide.  You can also catch him writing for the Huffington Post or view his website at: http://www.hoyes.com/.

Tune and listen to us chat about:

  • Can you get rid of student loans through bankruptcy?
  • How does student loan debt differ from credit card debt and a line of credit?
  • What are the benefits to declaring bankruptcy?
  • What are the drawbacks to declaring bankruptcy?  What does it look like the day after and how does your life change?
  • We comment on the student loan vs student grant debate that Newfoundland and Labrador have started.
  • Doug lets us in on some of the mistakes he made as a student and why he would definitely avoid them today.
  • We wrap by talking about how cool our student budget is and why you should use it – see we aren’t the only ones that think nerdy excel spreadsheets are ok!

As a sidenote, if you missed my appearance on the Because Money Google Hangout you can catch the replay here.  I think podcasting is still my thing – it’s pretty nerve-wracking watching yourself talk!  Maybe I need a better makeup guy…

As always please fire away with any questions, comments, or ratings.  We respond to all of our emails and comments on the site and love hearing what you guys want to listen to on the podcast and the information you want to get at.

More Beers More Cheers That’s It That’s All!

MMFBT 019 – Doug Hoyes – Can Bankruptcy Erase Student Debt? is posted originally on My University Money.

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“I got it all figured out man… Sure I’ll be in school for a bunch of years, but I’ll live the good life off of student loans!  The government is so dumb that they’re going to pay for me to become a lawyer/engineer/doctor and then when it’s done I’ll ju... “I got it all figured out man… Sure I’ll be in school for a bunch of years, but I’ll live the good life off of student loans!  The government is so dumb that they’re going to pay for me to become a lawyer/engineer/doctor and then when it’s done I’ll just declare bankruptcy and the slate […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 20:54
MMFBT 018: Tom Drake – The Godfather of Canadian Personal Finance Bloggers https://myuniversitymoney.com/mmfbt-18-tom-drake-godfather-canadian-personal-finance-bloggers/ Wed, 26 Mar 2014 14:45:31 +0000 https://myuniversitymoney.com/?p=7946 https://myuniversitymoney.com/mmfbt-18-tom-drake-godfather-canadian-personal-finance-bloggers/#comments https://myuniversitymoney.com/mmfbt-18-tom-drake-godfather-canadian-personal-finance-bloggers/feed/ 2 <p>Tom Drake enters our studio headquarters on this week’s edition of The More Money for Beer and Textbooks Podcast and lays down some insights in regards to hustling on a side gig in order to get your feet wet in the world of entrepreneurship. We half-jokingly refer to Tom as The Godfather of Canadian personal […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-18-tom-drake-godfather-canadian-personal-finance-bloggers/">MMFBT 018: Tom Drake – The Godfather of Canadian Personal Finance Bloggers</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Tom Drake enters our studio headquarters on this week’s edition of The More Money for Beer and Textbooks Podcast and lays down some insights in regards to hustling on a side gig in order to get your feet wet in the world of entrepreneurship.

We half-jokingly refer to Tom as The Godfather of Canadian personal finance blogs because he was one of the first guys on the scene.  He now owns several blogs and websites under his Drake Media banner and has been recognized by personal finance experts all over North America as one of the main forces in the blogging community.  Tom also happens to be one of the nicest fellas you’ll ever get a chance to meet and has always lent us a hand when we needed guidance over the past few years.

When most people think of a side gig, or part-time job to supplement their income, they don’t often think about the large-scale potential it could have.  Tom talks to us about how his part-time passion grew from essentially a labour of love, to producing an income that has had a serious impact on his standard of living.  By creating an income stream roughly equal to a middle-class average income out of Tom’s basement office, Mrs. Drake has had the opportunity to focus more on the home life.  I personally haven’t done the child thing yet, but I would imagine being able to have one parent devote themselves fully to the parenting circus without having to worry about work outside the home would be a massive advantage on most two-income households.  While Tom often puts in some late nights, I think it’s fair to say this side gig income has severely cut down on the work-life balance stress that many young couples have to deal with.

The More Money for Beer and Textbooks PodcastTogether we compare the pros and cons behind the mindset of an employee and the mindset of an entrepreneur.  Tom shares some of the tips that have made him so successful and explains that while running Drake Media is fun and rewarding, it is also a monster time commitment.  Finally, we illustrate just why you should fire up a side gig while you’re still in high school or in post-secondary. 

The pros severely outweigh the cons in my mind, and we both agree we would should have focused more on that area when we were going through school in hindsight.

You can catch Tom most often at Canadian Financial Blog.  He’s also active on all of the usual social media hot spots.

As always, any feedback, comments, questions, or suggestions for future podcasts are much appreciated!  Head on over to iTunes, or simply leave us a comment or an email here on the site.

MMFBT 018: Tom Drake – The Godfather of Canadian Personal Finance Bloggers is posted originally on My University Money.

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Tom Drake enters our studio headquarters on this week’s edition of The More Money for Beer and Textbooks Podcast and lays down some insights in regards to hustling on a side gig in order to get your feet wet in the world of entrepreneurship. Tom Drake enters our studio headquarters on this week’s edition of The More Money for Beer and Textbooks Podcast and lays down some insights in regards to hustling on a side gig in order to get your feet wet in the world of entrepreneurship. We half-jokingly refer to Tom as The Godfather of Canadian personal […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 20:37
MMFBT 017 – Case Study: Sandra the Mature Student https://myuniversitymoney.com/mmfbt-017-case-study-mature-students/ Mon, 24 Feb 2014 02:18:28 +0000 https://myuniversitymoney.com/?p=7914 https://myuniversitymoney.com/mmfbt-017-case-study-mature-students/#respond https://myuniversitymoney.com/mmfbt-017-case-study-mature-students/feed/ 0 <p>It’s been really cool and rewarding to see our podcast steadily gain a following over the past few months.  We’re now at the point where people have heard enough of us and our all-star panel of guests, that there is enough trust to reach out with specific situations.  We think this is a really cool […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-017-case-study-mature-students/">MMFBT 017 – Case Study: Sandra the Mature Student</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> It’s been really cool and rewarding to see our podcast steadily gain a following over the past few months.  We’re now at the point where people have heard enough of us and our all-star panel of guests, that there is enough trust to reach out with specific situations.  We think this is a really cool tipping point and we appreciate the honest interaction!  It’s really nice to help people out with their specific situations and gain an understanding of the areas that need more of our attention.

As a result of this trust and the growing of community of people that are contacting us through the blog we decided to do a few podcasts where we collectively learn from providing a response to a single person’s email.  These case studies are all completely authentic and haven’t been changed at all from the email’s and/or comments we receive (aside from changing names for privacy considerations).  I always tell my students that if you have a question about something – even if you think you’re the only one that isn’t “getting” something – please ask it because almost assuredly there are others in the room thinking the exact same thing and for many reasons they aren’t willing to ask.  If you apply this concept to a Canada-wide “classroom”, I think we can help a lot of people this way.

The More Money for Beer and Textbooks PodcastSo, if you like what you hear today and want us to chat about some specific questions you have, please do not hesitate to shoot us a comment or an email.  We will always ask permission before sharing anything and there are almost certainly many other people out there that could also benefit from having your questions answered!

 

Let’s Meet Sandra 

“Sandra” (all names changed) is a mature student who is pursuing a career as a teacher.  She wrote us with some questions about retirement planning.  Her specific situation includes some debt considerations, and the fact that she is a single parent.  In order to help her out you’ll hear Justin and I talk about:

As always, thanks for listening and any feedback, suggestions or comments you would like to provide are much appreciated!

More Beers More Cheers That’s It That’s All!

MMFBT 017 – Case Study: Sandra the Mature Student is posted originally on My University Money.

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It’s been really cool and rewarding to see our podcast steadily gain a following over the past few months.  We’re now at the point where people have heard enough of us and our all-star panel of guests, that there is enough trust to reach out with speci... It’s been really cool and rewarding to see our podcast steadily gain a following over the past few months.  We’re now at the point where people have heard enough of us and our all-star panel of guests, that there is enough trust to reach out with specific situations.  We think this is a really cool […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 17:43
MMFBT 016 – Preet Banerjee https://myuniversitymoney.com/mmfbt-016-preet-banerjee/ Mon, 03 Feb 2014 02:12:33 +0000 https://myuniversitymoney.com/?p=7891 https://myuniversitymoney.com/mmfbt-016-preet-banerjee/#respond https://myuniversitymoney.com/mmfbt-016-preet-banerjee/feed/ 0 <p>We only made Canadian Financial Podcast history this week – No Big Deal.  After exhaustively searching through the archives I determined that no one had done a back-to-back tag team podcast before when it came to financial podcasts in Canada.  To be honest, I couldn’t even find an example of two Canadian podcasters doing each […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-016-preet-banerjee/">MMFBT 016 – Preet Banerjee</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> We only made Canadian Financial Podcast history this week – No Big Deal.  After exhaustively searching through the archives I determined that no one had done a back-to-back tag team podcast before when it came to financial podcasts in Canada.  To be honest, I couldn’t even find an example of two Canadian podcasters doing each other’s shows or even two money folks doing each other’s shows.  If you think I’m grasping at straws here in order to be associated with the multi-faceted brilliance that is Preet Banerjee you’re probably not wrong.

Preet strikes me as that slightly-nerdy, ADD kid you know in high school, who then grew up to get a Ph.D in charisma and bad-assery (years of race-car driving will do that for you).  He lets you in on his extremely unique path to becoming a guy on TV that talks and writes about money for a living.  I daresay he’s the only one of that group that can explain neuro-chemistry and knows what 200+ MPH feels like.

The More Money for Beer and Textbooks PodcastI usually like to inform our readers where they can find our guest, but in this case you can find Preet pretty much everywhere.  He’s on TV constantly, whether he’s hosting his OWN show, TED talks, on The National, or just proudly pimping his new book: “Stop Overthinking Your Money! – The Five Simple Rules of Financial Success.  He is super active on Twitter, and his blog archive is full of great stuff over at http://wheredoesallmymoneygo.com/.  If the medium is the message, that message is Preet Banerjee might be taking over the world (shout out to U of M alumni Marshall McLuhan).

Suffice to say, Preet’s experiences and depth of knowledge sells itself.  This is certainly one of the best podcast episodes we’ve done so far, so please sit back (or lean forward, lean in, whatever the posture of the moment is) and enjoy!

If you’re wondering where you can find the second part of our tag-team effort, keep an eye out on Preet’s blog for my guest appearance on The Mostly Money, Mostly Canadian Podcast.  We’ll chat about why teachers don’t know nearly as much as they think they do (or likely as much as YOU think they do), especially when it comes to personal finance.  You’ll also hear my thoughts on the recent CPP expansion proposals and some other random stuff about teaching kids about money from a teacher’s perspective.

More Beers More Cheers That’s It That’s All!

 

MMFBT 016 – Preet Banerjee is posted originally on My University Money.

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We only made Canadian Financial Podcast history this week – No Big Deal.  After exhaustively searching through the archives I determined that no one had done a back-to-back tag team podcast before when it came to financial podcasts in Canada. We only made Canadian Financial Podcast history this week – No Big Deal.  After exhaustively searching through the archives I determined that no one had done a back-to-back tag team podcast before when it came to financial podcasts in Canada.  To be honest, I couldn’t even find an example of two Canadian podcasters doing each […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 25:07
MMFBT 015 – It’s Okay To Change Your Career Path https://myuniversitymoney.com/mmfbt-015-its-okay-to-change-your-career-path/ Mon, 20 Jan 2014 02:30:02 +0000 https://myuniversitymoney.com/?p=7862 https://myuniversitymoney.com/mmfbt-015-its-okay-to-change-your-career-path/#respond https://myuniversitymoney.com/mmfbt-015-its-okay-to-change-your-career-path/feed/ 0 <p>Welcome back to the More Money for Beer and Textbooks podcast! Before we start today I thought I’d quickly explain how the easiest way to get our podcast every couple of weeks.  While you’re more than welcome to keep coming here to the site and hitting “play”, I personally prefer to get my podcasts delivered […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-015-its-okay-to-change-your-career-path/">MMFBT 015 – It’s Okay To Change Your Career Path</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Welcome back to the More Money for Beer and Textbooks podcast!

Before we start today I thought I’d quickly explain how the easiest way to get our podcast every couple of weeks.  While you’re more than welcome to keep coming here to the site and hitting “play”, I personally prefer to get my podcasts delivered straight to my iPhone.  In order to “subscribe” to a podcast simply click here to go to our page and follow the on-page directions.  After that, it will automatically deliver to your device and be ready to listen to on your walk to school or as you catch up on home chores.  If you have two minutes while you’re on the page, you can really help us out by leaving us a rating and a comment as well.  The higher our podcast gets rated the better the guests we can get – like our next guest for example (tune in then to find out ;) )

The More Money for Beer and Textbooks PodcastThis week it’s another does of your two favorite personal finance authors as we talk about how changing your mind once you start post-secondary education is ok.  I’m sure you’ve all heard the stat somewhere about how today’s grads are going to have 777 or so jobs in their lifetimes, so we think the takeaway is not to be afraid to adapt and change as you go.  This doesn’t necessarily mean that you should just wonder on to campus with no idea about where you want to go or what you want to pursue, but it should help ease some of the stress associated with those feelings of confusion and disarray when you inevitably question what direction you’d like to go in.

You’ll here us talk about our own experiences and how we’ve seen numerous people adapt their overall plans as they went through school.  Whether it’s looking at a college education after a couple years of university courses, or switching things up between majors, a small time and money sacrifice in the short term might make a lot of long-term sense.  Oftentimes a lot of what you’ve done in the past can be parlayed into credit or a jump start in an alternate plan.

As always, feel free to let us know how it’s hangin and what you want to hear about going forward.

More Beers More Cheers That’s It That’s All!

MMFBT 015 – It’s Okay To Change Your Career Path is posted originally on My University Money.

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Welcome back to the More Money for Beer and Textbooks podcast! Before we start today I thought I’d quickly explain how the easiest way to get our podcast every couple of weeks.  While you’re more than welcome to keep coming here to the site and hitting... Welcome back to the More Money for Beer and Textbooks podcast! Before we start today I thought I’d quickly explain how the easiest way to get our podcast every couple of weeks.  While you’re more than welcome to keep coming here to the site and hitting “play”, I personally prefer to get my podcasts delivered […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 14:59
MMFBT 014 – Benefits Of Getting Involved In Student Government https://myuniversitymoney.com/mmfbt-014-benefits-getting-involved-student-government/ Mon, 06 Jan 2014 05:16:43 +0000 https://myuniversitymoney.com/?p=7846 https://myuniversitymoney.com/mmfbt-014-benefits-getting-involved-student-government/#respond https://myuniversitymoney.com/mmfbt-014-benefits-getting-involved-student-government/feed/ 0 <p>Happy New Year everyone! The More Money for Beer and Textbooks Podcast is raring to go in 2014 with the goal of helping young Canadians and their parents across Canada with this whole post-secondary deal. While we certainly have not run out of top-shelf guests for the program, we decided to take  brief hiatus from […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-014-benefits-getting-involved-student-government/">MMFBT 014 – Benefits Of Getting Involved In Student Government</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Happy New Year everyone!

The More Money for Beer and Textbooks Podcast is raring to go in 2014 with the goal of helping young Canadians and their parents across Canada with this whole post-secondary deal.

While we certainly have not run out of top-shelf guests for the program, we decided to take  brief hiatus from interviewing other people and have Justin and I give everyone the straight goods for a couple episodes.

For our 14th installment we chat about why it’s useful to get involved in student government no matter what campus you go to.  All too often students fall into this weird trap of going to 1 or 2 political science classes and becoming experts on all things political – only to use that confidence and “knowledge” to do nothing but criticize their student government.  That’s a trend we would really like to see curtailed.  Getting involved with how your campus, faculty, or residence is ran is a positive thing just from a values standpoint, and has undeniable character-building benefits.

The More Money for Beer and Textbooks PodcastIf all of that squishy character stuff isn’t your thing, there are many personal gains to be gotten from dealing with student government as well.  You’ll hear Justin and I explain how our experiences (especially in Justin’s case) really shaped our student lives (for the better).  It provided us with a bevy of skills, but even more importantly it allowed us to leave school with many authentic connections (we’ll explain the different between authentic and inauthentic connections) and some really cool network-building experience.  You can pretty much draw a direct line from these experiences to our ability to immediately find employment upon graduation, and we know this was the case for many of the people we worked with as well.

Getting involved has some other material perks as well.  Looking for a little extra cash or maybe even the odd free adult beverage?  Student government is pretty famous for finding ways to finesse these tokens of gratitude into the equation.

On the flip side dealing with a populace that is notoriously critical and sometimes unreliable can carry a high degree of difficulty if you’re not prepared.  Justin and I will share some lessons we learned the hard way and explain how to go about getting started in student government.

As always, if you have any comments we’d love to hear them.  Your experience is why we do this whole thing so let us know what’s working and where you might envision some improvements.

Until next time – More Beers More Cheers That’s It That’s All!

MMFBT 014 – Benefits Of Getting Involved In Student Government is posted originally on My University Money.

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Happy New Year everyone! The More Money for Beer and Textbooks Podcast is raring to go in 2014 with the goal of helping young Canadians and their parents across Canada with this whole post-secondary deal. While we certainly have not run out of top-shel... Happy New Year everyone! The More Money for Beer and Textbooks Podcast is raring to go in 2014 with the goal of helping young Canadians and their parents across Canada with this whole post-secondary deal. While we certainly have not run out of top-shelf guests for the program, we decided to take  brief hiatus from […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 14:08
MMFBT 013 – Mark Seed – Avoid My Investing Mistakes https://myuniversitymoney.com/mmfbt-13-mark-seed-avoid-investing-mistakes/ Mon, 16 Dec 2013 02:30:31 +0000 https://myuniversitymoney.com/?p=7808 https://myuniversitymoney.com/mmfbt-13-mark-seed-avoid-investing-mistakes/#comments https://myuniversitymoney.com/mmfbt-13-mark-seed-avoid-investing-mistakes/feed/ 4 <p>Does this whole investing thing still make you queasy?  Today on the More Money for Beer an Textbooks Podcast we hear from one of Canada’s most popular DIY investors on what he wishes he might have done differently when he was starting out. Mark Seed is the brains behind MyOwnAdvisor.ca and a successful DIY investor.  […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-13-mark-seed-avoid-investing-mistakes/">MMFBT 013 – Mark Seed – Avoid My Investing Mistakes</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Does this whole investing thing still make you queasy?  Today on the More Money for Beer an Textbooks Podcast we hear from one of Canada’s most popular DIY investors on what he wishes he might have done differently when he was starting out.

Mark Seed is the brains behind MyOwnAdvisor.ca and a successful DIY investor.  Unlike a lot of bright financial minds, he’s also pretty good at giving the knowledge he has to others.  As someone who readily admits to making a few mistakes early in the game, Mark’s approach is very open and modest as he strives to use common language (as opposed to intimidating people with advanced terminology).  Give a listen and check out his site for more

Tune in and hear us gab about:

  • The More Money for Beer and Textbooks PodcastMark’s thoughts on the post-secondary world today.
  • Why you should care about investing at all.
  • What some of the long-term benefits are to paying attention to this sort of stuff.
  • Why he regrets getting into mutual funds and penny stocks.
  • What advice he has for today’s youth and people just getting started with investing.
  • Why he invests in basic vanilla index-based ETFs and solid dividend-paying companies.
  • What you can find if you head over to Mark’s site.

Before Mark and I get down to the good stuff, you’ll be subjected to an impassioned rant about the state of personal finance education in this country.  It seems like such a common sense idea to teach people the basic skills they will need to survive in today’s complicated financial world.  Teachers, administrators, parents and everyone else (or as we like to say in the world of education “various stakeholders” – yes we are that ridiculous) has a role to play if we’re ever going to the necessary changes in this subject area.

Remember, as always, any comments, suggestions, thoughts, or witty insults are much appreciated.  We love getting feedback from our listeners and want to continue to “give the people what they want”.  Hit us up in the comments section, email us, or leave a message on our iTunes page.  If you think you’ve got something valuable to share and want to come on the podcast, let us know that as well!

Till next time, More Beers More Cheers That’s it That’s All!

MMFBT 013 – Mark Seed – Avoid My Investing Mistakes is posted originally on My University Money.

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Does this whole investing thing still make you queasy?  Today on the More Money for Beer an Textbooks Podcast we hear from one of Canada’s most popular DIY investors on what he wishes he might have done differently when he was starting out. Does this whole investing thing still make you queasy?  Today on the More Money for Beer an Textbooks Podcast we hear from one of Canada’s most popular DIY investors on what he wishes he might have done differently when he was starting out. Mark Seed is the brains behind MyOwnAdvisor.ca and a successful DIY investor.  […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 27:31
MMFBT 012 – Miranda Marquit: How to Become a Freelance Writer https://myuniversitymoney.com/mmfbt-12-miranda-marquit-become-freelance-writer/ Mon, 02 Dec 2013 02:23:43 +0000 https://myuniversitymoney.com/?p=7807 https://myuniversitymoney.com/mmfbt-12-miranda-marquit-become-freelance-writer/#respond https://myuniversitymoney.com/mmfbt-12-miranda-marquit-become-freelance-writer/feed/ 0 <p>You might not think the skills you’re developing at school have any real value. Today on the podcast we’ll chat about how you can start a freelance writing career in order to make some cash on the side and possibly even transition into a well-paying career.  We bring in an expert in the field – […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-12-miranda-marquit-become-freelance-writer/">MMFBT 012 – Miranda Marquit: How to Become a Freelance Writer</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> You might not think the skills you’re developing at school have any real value.

Today on the podcast we’ll chat about how you can start a freelance writing career in order to make some cash on the side and possibly even transition into a well-paying career.  We bring in an expert in the field – Mrs. Miranda Marquit – to let us know what it takes to make it in the world of professional written communication.

Miranda is one of the most prolific writers of any kind that I have ever seen.  The quantity and quality of the work she consistently puts out has made her a sought after employee all over the blogosphere.  She has won numerous awards and accolades for her writing in the financial field, and you can find her at www.plantingmoneyseeds.com and www.mirandamarquit.com.  Miranda is not only one of the best writers that I’ve found online, she is also one of the nicest people I’ve ever had the pleasure of befriending and truly enjoys helping people.

The More Money for Beer and Textbooks PodcastIn addition to the great tips Miranda gives out during the interview, you can get an overview of how she is able to do what she does when you read Miranda’s book, Confessions of a Professional Blogger.  Available online at Amazon.com in paperback or ebook formats.

When you tune in this week you can hear us chat about:

  • How does one get started in the freelance world?
  • How do you leverage an online presence into making yourself known?
  • How do you become a good writer, a writer people actually like to read.
  • Do you have to write for peanuts when you start out?
  • What did you do to get noticed?
  • What is ghost writing and how do you make money at it?
  • If you have great writing skills from taking a generalized course of study, how do you best transition those into a paid writing opportunity?
  • Why the traditional path to journalistic success isn’t nearly as clear as it used to be.

Remember, as always, any comments, suggestions, thoughts, or witty insults are much appreciated.  We love getting feedback from our listeners and want to continue to “give the people what they want”.  Hit us up in the comments section, email us, or leave a message on our iTunes page.  If you think you’ve got something valuable to share and want to come on the podcast, let us know that as well!

Till next time, More Beers More Cheers That’s it That’s All!

MMFBT 012 – Miranda Marquit: How to Become a Freelance Writer is posted originally on My University Money.

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You might not think the skills you’re developing at school have any real value. Today on the podcast we’ll chat about how you can start a freelance writing career in order to make some cash on the side and possibly even transition into a well-paying ca... You might not think the skills you’re developing at school have any real value. Today on the podcast we’ll chat about how you can start a freelance writing career in order to make some cash on the side and possibly even transition into a well-paying career.  We bring in an expert in the field – […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 34:48
MMFBT 011 – Eva Baker https://myuniversitymoney.com/mmfbt-11-eva-baker/ Mon, 11 Nov 2013 02:30:05 +0000 https://myuniversitymoney.com/?p=7772 https://myuniversitymoney.com/mmfbt-11-eva-baker/#comments https://myuniversitymoney.com/mmfbt-11-eva-baker/feed/ 2 <p>At some point our podcast for young Canadian students turned into a podcast with a lot of guests that are more towards the “almost young” part of life’s continuum than what most people would traditionally define as young.  We decided to remedy that this week by bringing on a young personal finance blogger named Eva […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-11-eva-baker/">MMFBT 011 – Eva Baker</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> At some point our podcast for young Canadian students turned into a podcast with a lot of guests that are more towards the “almost young” part of life’s continuum than what most people would traditionally define as young.  We decided to remedy that this week by bringing on a young personal finance blogger named Eva Baker.  Eva is a high school senior, and started the blog Teens Got Cents last year when she was only sixteen!

I met Eva recently at a conference where she blew away the crowd with an insightful 5-minute presentation on “The War Against the Teenage Years”.  Eva was composed, articulate, and humorous.  The only downside was that if forced most of us to reflect on what we were doing when we were 17… and then felt really bad about ourselves.

The More Money for Beer and Textbooks PodcastYou’ll hear Eva and I talk about what she is thinking about in regards to her post-secondary education.  While she lives in the southern USA – and consequently is looking at many different options than young Canadians might be – I think it’s still very relevant for young Canucks out there in terms hearing the thought process another high school senior is going through.

You’ll also hear us chat about why we think her blog is such a great asset for her going forward, as well as how she got started with the whole online thing.  Finally, you’ll see that Eva’s entrepreneurial skills are not limited to the online realm – she recently began a side gig in sales and is thoroughly enjoying the profits!

As usual, we want you to know that we’re doing this for you – so let us know what you want!  You can comment on the podcast below, email us at myuniversitymoney@gmail.com (or use our Contact Form), leave a comment/rating on the iTunes page, or even say hey on social media.  The more we hear what you want more of and/or what we could skip next time around, the better the product in your ear buds gets.

We’re really hoping to make a go of this whole podcast thing, so if you think we’re worth listening to, do us a solid and tell your friends that you got something for them to check out as they was the dishes, ride the bus, or pedal on the stationary bike.  The more listeners we get, the more attractive it is for the big shots to come on and talk to us.

Before I forget, I would be a complete marketing failure if I didn’t mention that our book: More Money for Beer and Textbooks – A Financial Guide for Today’s Canadian Student is available on bookshelves across Canada and on Amazon.ca.  It makes a great Christmas gift for a loved one in their last couple years of high school or first few years of post-secondary study.  At the very least they’ll check out the chapter on how to party without going broke ;)

MMFBT 011 – Eva Baker is posted originally on My University Money.

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At some point our podcast for young Canadian students turned into a podcast with a lot of guests that are more towards the “almost young” part of life’s continuum than what most people would traditionally define as young. At some point our podcast for young Canadian students turned into a podcast with a lot of guests that are more towards the “almost young” part of life’s continuum than what most people would traditionally define as young.  We decided to remedy that this week by bringing on a young personal finance blogger named Eva […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 19:43
MMFBT 010 – Dan Bortolotti “The Canadian Couch Potato” https://myuniversitymoney.com/mmfbt-010-dan-bortolotti-canadian-couch-potato/ Mon, 28 Oct 2013 01:30:34 +0000 https://myuniversitymoney.com/?p=7724 https://myuniversitymoney.com/mmfbt-010-dan-bortolotti-canadian-couch-potato/#respond https://myuniversitymoney.com/mmfbt-010-dan-bortolotti-canadian-couch-potato/feed/ 0 <p>Another week and another great guest on the More Money for Beer and Textbooks Podcast. This week were fortunate enough to get one of Canada’s best investment writers on for a chat – Dan Bortolotti. There are many people out there that purport to be an investing genius and then they make a lot of money […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-010-dan-bortolotti-canadian-couch-potato/">MMFBT 010 – Dan Bortolotti “The Canadian Couch Potato”</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Another week and another great guest on the More Money for Beer and Textbooks Podcast. This week were fortunate enough to get one of Canada’s best investment writers on for a chat – Dan Bortolotti.

There are many people out there that purport to be an investing genius and then they make a lot of money by confidently giving people advice… and then it’s later revealed that their stock picking ways weren’t so great after all.  I won’t be subjecting any of you to that type of person anytime soon.  Dan is best known for an extremely simple and basic approach to investing – often called “Couch Potato Investing”.  While the financial industry generally doesn’t like guys like Dan because his approach to saving money and putting it in very straight forward investments doesn’t make them much money, his approach has been mathematically proven to beat the vast majority of investors out there for decades.  This is important to note since most investment gurus talk about their track record over the last year or two – which shouldn’t really mean anything to a young person who should be investing for the long term.

The More Money for Beer and Textbooks PodcastSince many of us Gen Yers are just beginning to get into this whole investment thing, I thought Dan would be the perfect guest to help us dip our collective toe into the waters of stocks and bonds.  Over at this blog “Canadian Couch Potato” I cannot stress enough how simple and easy to understand Dan makes everything.  If it makes any difference to you, Justin and I both practice “Couch Potato” or “Index” investing with our own meagre portfolios.

If you’re wondering what else he’s done, Dan has written nine books among countless articles for magazines and newspapers.  He isn’t one of these career finance guys (maybe why his financial writing is so easy for the average person to understand), and has written books on everything from the history of the blue whale, to fictional novels.  His newest work is “The MoneySense Guide to the Perfect Portfolio”.

You can catch Dan at his blog (voted the best investing blog in Canada by The Globe and Mail) and at MoneySense magazine.

During the podcast today you’ll hear us talk about:

  • His experience as the father of a post-secondary student.
  • Why investing doesn’t have to be that hard.
  • Should you pay off student loans or invest when you graduate and get a job?
  • What exactly is this whole Couch Potato thing all about?
  • Why young people don’t have to be afraid of the stock market.
  • Why stock picking and trying to follow the mainstream financial news isn’t all it’s cracked up to be.
  • How young people with only a little bit of money to invest should go about getting financial advice (Hint *DON’T go to a financial adviser).
  • Just how to setup a super simple investment account and strategy in 30 minutes or less.

I know that investing might be a little bit over the head of some young readers, but I think Dan does a great job of breaking it down for any audience.  While you might be focused on your next exam, building a résumé, getting a job, or saving for a house, learning your way around the investing world is likely to make a pretty big difference in your long-term outlook.

As always, comments and ratings on the blog here, or on iTunes (even better) are much appreciated.

MMFBT 010 – Dan Bortolotti “The Canadian Couch Potato” is posted originally on My University Money.

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Another week and another great guest on the More Money for Beer and Textbooks Podcast. This week were fortunate enough to get one of Canada’s best investment writers on for a chat – Dan Bortolotti. There are many people out there that purport to be an ... Another week and another great guest on the More Money for Beer and Textbooks Podcast. This week were fortunate enough to get one of Canada’s best investment writers on for a chat – Dan Bortolotti. There are many people out there that purport to be an investing genius and then they make a lot of money […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 29:50
MMFBT 009 – Jon Chevreau https://myuniversitymoney.com/mmfbt-009-jon-chevreau/ Mon, 14 Oct 2013 01:30:27 +0000 https://myuniversitymoney.com/?p=7710 https://myuniversitymoney.com/mmfbt-009-jon-chevreau/#comments https://myuniversitymoney.com/mmfbt-009-jon-chevreau/feed/ 2 <p>On today’s podcast we invite Moneysense’s Jonathon Chevreau to join us and chat a little about the value of a generalized education.  I’ve been known to take kind of an extreme position on generalized study (re: Bachelor of Arts) in the new world and have summed up my stance as the: “Will Hunting Argument”.  It […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-009-jon-chevreau/">MMFBT 009 – Jon Chevreau</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> On today’s podcast we invite Moneysense’s Jonathon Chevreau to join us and chat a little about the value of a generalized education.  I’ve been known to take kind of an extreme position on generalized study (re: Bachelor of Arts) in the new world and have summed up my stance as the: “Will Hunting Argument”.  It basically consists of the idea that you can get 90% of the benefits of a BA or generalized university degree with a cheap library pass and a free online book group.  Truthfully, the more I think about it the more 90% seems like a low figure to me…

Nonetheless Mr. Chevreau makes a good case for why going to school to learn critical thinking and do some growing up makes a lot of sense.  We talk a little about his daughter’s post-secondary journey and the lessons they learned together, as well as some good advice for parents out there.

Eventually we get around to looking at why young people should be starting a blog in order to maximize their skill sets and to act as an employer showcase.  Jon even gives us a few tips from a hirer’s perspective (many of us Gen Yers forget that people from other generations with different value systems than most of us have will likely determine if we get jobs or not).

The More Money for Beer and Textbooks Podcast

If you stick around until the end you’ll here Jon and I discuss what a valuable and underused too the TFSA is right now.  He makes the great point that I had never thought about before: if you are planning to leave money for your children or even grandchildren it makes no sense to leave it in RRSPs or non-tax-advantaged accounts and sacrifice a ton of money to the government in taxes.

Instead, put it in their TFSAs and maximize that nice little protective shell.  The usage rates on TFSAs remain incredible low and there are many reasons to look into it.  Really, if a person maximizes their RRSP and TFSA for several years when they are in their late twenties and early thirties (admittedly, not at all easy for many young people) I think that bodes very well for their long-term net worth (duh…).

Oh, and you’ll also hear me talk about how great routines are.  I promise it’s four minutes that is more exciting than it looks.  By far the most productive and low-stress times of my life have been when I have a solid routine in place that I can work off of.  That part might not surprise you, but I’m being equally honest when I say those times are also the happiest and most fun as well (something not usually associated with “routine”).

As always, your support is thoroughly appreciated.  Once again, please free to send us any comments or suggestions through the blog or over at iTunes.  If you can spare 30 seconds PLEASE PLEASE help us out by going and giving the podcast an honest ranking over there, the more dap you toss our way the easier it is to keep getting high-ranking talent to come on and pass along their wisdom.

Until next time, more beers more cheers that’s it that’s all!

MMFBT 009 – Jon Chevreau is posted originally on My University Money.

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On today’s podcast we invite Moneysense’s Jonathon Chevreau to join us and chat a little about the value of a generalized education.  I’ve been known to take kind of an extreme position on generalized study (re: Bachelor of Arts) in the new world and h... On today’s podcast we invite Moneysense’s Jonathon Chevreau to join us and chat a little about the value of a generalized education.  I’ve been known to take kind of an extreme position on generalized study (re: Bachelor of Arts) in the new world and have summed up my stance as the: “Will Hunting Argument”.  It […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 27:46
MMFBT 008 – Robb Engen of Boomer & Echo https://myuniversitymoney.com/mmfbt-08-robb-engen-boomer-echo/ Mon, 23 Sep 2013 01:30:56 +0000 https://myuniversitymoney.com/?p=7668 https://myuniversitymoney.com/mmfbt-08-robb-engen-boomer-echo/#respond https://myuniversitymoney.com/mmfbt-08-robb-engen-boomer-echo/feed/ 0 <p>Before we get to the guest portion of the show this week I thought I’d fill ya’ll in on some developments in our podcasts’ happenings.  Apparently the word on the street is that you actually want to hear us talk a little bit more.  This actually surprised as we figured we would be doing everyone […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-08-robb-engen-boomer-echo/">MMFBT 008 – Robb Engen of Boomer & Echo</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Before we get to the guest portion of the show this week I thought I’d fill ya’ll in on some developments in our podcasts’ happenings.  Apparently the word on the street is that you actually want to hear us talk a little bit more.  This actually surprised as we figured we would be doing everyone a disservice if we made you wade through our tangents before you got to the great stuff our guests are bringing to the table every week.  Well, on the More Money for Beer and Textbooks Podcast we give the people what they want, so you’ll hear us do some more podcast together in the upcoming weeks, and we’ll throw in some chats before we get to our guests.  Don’t say we didn’t warn you.

We Have Pronghorns in Canada?

The More Money for Beer and Textbooks PodcastOn today’s podcast we welcomed Robb Engen to our luxurious studio here at the More Money for Beer and Textbooks Headquarters.  Robb and his financial adviser of a mother run a pretty cool personal finance blog over at BoomerandEcho.com.  During the day he works for Lethbridge University in a marketing capacity – Go Pronghorns!

Robb is also one of Canada’s foremost credit card experts.  Don’t worry, we’re not going to subject you to another parent-themed rant about why credit cards are the devil.  Instead we’ll shoot a few tips your way about how to use these things right, and how to choose a student credit card that suits you.

 

If you click on the link above or head on over and get the download on iTunes, you’ll hear us chat about:

  • How to choose a credit card that fits you
  • Why people who think students shouldn’t have credit cards are wrong
  • “Credit cards don’t kill bank accounts, people kill bank accounts”
  • What students should look for at their bank
  • Going away to school and how that affects your finances
  • Some things to think about if you are near graduation

If you haven’t already done so, you can skip listening to the podcast off of this page every week and simply subscribe to our podcast on iTunes.  What this means is that you go to the little purple icon on your one of your iDevices, and search for our podcast.  Once you have found it, you can click the subscribe option and then every time we release a podcast you’ll get it automatically downloaded and ready to listen to on your phone.

As always, we’re always to get any feedback on the podcast either as comments here at the site, or over at iTunes.  If you have anything you particularly would like to hear about, let us know and we’ll cover it for you.  Have a great week.

MMFBT 008 – Robb Engen of Boomer & Echo is posted originally on My University Money.

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Before we get to the guest portion of the show this week I thought I’d fill ya’ll in on some developments in our podcasts’ happenings.  Apparently the word on the street is that you actually want to hear us talk a little bit more. Before we get to the guest portion of the show this week I thought I’d fill ya’ll in on some developments in our podcasts’ happenings.  Apparently the word on the street is that you actually want to hear us talk a little bit more.  This actually surprised as we figured we would be doing everyone […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 29:14
MMFBT 005 – Ellen Roseman https://myuniversitymoney.com/mmfbt-005-ellen-roseman/ Mon, 12 Aug 2013 01:15:51 +0000 https://myuniversitymoney.com/?p=7592 https://myuniversitymoney.com/mmfbt-005-ellen-roseman/#comments https://myuniversitymoney.com/mmfbt-005-ellen-roseman/feed/ 2 <p>Before we get to today’s podcast I just wanted to thank all of you for taking the time do download and listen to our first few episodes.  We’re proud to say that The More Money for Beer and Textbooks Podcast is now prominently featured atop the New and Noteworthy column.  An extra big thanks goes […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-005-ellen-roseman/">MMFBT 005 – Ellen Roseman</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Before we get to today’s podcast I just wanted to thank all of you for taking the time do download and listen to our first few episodes.  We’re proud to say that The More Money for Beer and Textbooks Podcast is now prominently featured atop the New and Noteworthy column.  An extra big thanks goes out to those of you who have taken the time to comment on the blog or (even better) on iTunes.

The iTunes ratings and comments are really important when it comes to how many people we can reach and help – and consequently, the level of guest we can continue to bring to the show.  So far we’ve heard from a Murderer’s Row (old baseball analogy) of personal finance personalities, and we will continue to bring in experts to help keep more money in your pocket.  We’d be very grateful if you could take 5 minutes or less out of your day to give us a quick rating on iTunes and tell what you like about the show, and what you’d like to see a little more of!

Today on The More Money for Beer and Textbooks Podcast we’re taking a look at paying back student debt and a few quick ways for students to keep some money in their pockets.

The More Money for Beer and Textbooks PodcastHere to chat is:

Ellen Roseman – a journalist who sticks up for ordinary Canadians. She’s been advocating for consumer rights for the past 35 years.

Ellen’s personal finance and consumer columns appear in the Toronto Star’s business section on Wednesday, Saturday and Monday.

She’s written several books on personal finance for Canadians, with her latest offering titled: Fight Back: 81 Ways to Help You Save Money and Protect Yourself from Corporate Trickery.

Ellen’s been teaching courses in investing and personal finance at the University of Toronto’s continuing studies department since 2004. She also does Financial Basics workshops at Ryerson University.

You’ll hear us talk about:

  • Ellen’s thoughts on our book: More Money for Beer and Textbooks – The Financial Guide for Today’s Canadian Student.
  • How to go about paying back your student debt.
  • “When I went to university I lived like a king and when I graduated I lived like a student.”
  • Why making minimum payments isn’t in your best interest.
  • A case study on a Canadian student who is $52,000 in debt.
  • Making investments versus paying down student loans.
  • Student debt can include provincial student loans, federal student loans, private student lines of credit, credit card debt, and parental loans.  What are the differences between these?
  • What parts of student debt should be paid down first?
  • Making sure your student loan payments become a tax deduction.
  • Will the bank cut you some slack when it comes to your student debt?
  • Why credit card debt can be dangerous – and how to make them less so.
  • What is a credit counselling service and how can they help you?
  • Repayment assistance programs for your student loans.
  • Why ignoring your student debt won’t make it go away – and could easily make things worse.
  • Looking at the interest rate on federal student loans and how it compares to provincial student loans.
  • Should we have interest-free student loans?
  • What are income-contingent student loans and why might they be a good option?
  • Choosing between fixed versus floating (variable) rates when it comes to your student loans.
  • The long-term psychological and financial effects of student debt.
  • Why do some people take out more of a student loan than they really need?
  • Why bankruptcy isn’t the answer to student debt.
  • Ellen’s easy tips for saving money!

Thanks again everyone.  Enjoy!

MMFBT 005 – Ellen Roseman is posted originally on My University Money.

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Before we get to today’s podcast I just wanted to thank all of you for taking the time do download and listen to our first few episodes.  We’re proud to say that The More Money for Beer and Textbooks Podcast is now prominently featured atop the New and... Before we get to today’s podcast I just wanted to thank all of you for taking the time do download and listen to our first few episodes.  We’re proud to say that The More Money for Beer and Textbooks Podcast is now prominently featured atop the New and Noteworthy column.  An extra big thanks goes […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 25:31
MMFBT 004 – Mike Holman & “The RESP Book” https://myuniversitymoney.com/mmfbt-004-mike-holman-the-resp-book/ Mon, 29 Jul 2013 01:00:33 +0000 https://myuniversitymoney.com/?p=7528 https://myuniversitymoney.com/mmfbt-004-mike-holman-the-resp-book/#respond https://myuniversitymoney.com/mmfbt-004-mike-holman-the-resp-book/feed/ 0 <p>Download the Podcast here If you told most professional investors that there was a way to get a tax-advantage automatic return of 20% on their money they would quickly jump on it and be hailed as some of the greatest investors on the planet for doing it. If you have children in Canada you actually […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-004-mike-holman-the-resp-book/">MMFBT 004 – Mike Holman & “The RESP Book”</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> Download the Podcast here

If you told most professional investors that there was a way to get a tax-advantage automatic return of 20% on their money they would quickly jump on it and be hailed as some of the greatest investors on the planet for doing it.

If you have children in Canada you actually are being offered this deal every day.  The Registered Education Savings Plan (RESP) program is one of the best opportunities Canadians have to help their children out and yet so few take advantage of it.

In order to help us remedy this injustice our good friend Mike Holman is joining us today on the podcast to shed some line on what the heck RESPs are and how they are best used.  In addition to running one of Canada’s top personal finance blogs Mike has become the unofficial guru of RESPs as he literally wrote the book on them (and so far is the only one to do so from what I understand).

The More Money for Beer and Textbooks PodcastIf you haven’t already done so, we would really appreciate any feedback you might have on the podcast as well as any comments you would like to leave on iTunes.  Podcasting sort of depends a lot on the attention that is given on iTunes so if any readers would like to show us some comment luv that would be great!

Here’s a quick breakdown of what Mike and I chat about:

  • What the heck is an RESP?
  • The government wants to give me free money?
  • How do you open an RESP account (*Hint* It’s easier than you thought)
  • What investments can be put into an RESP?
  • What are the rules around using an RESP
  • Do I lose my money if my child doesn’t go to school?
  • More than just parents can contribute to an RESP plan (I now have new baby gift ideas).
  • What if I go to aviation school instead of university?  That’s ok!
  • Why do only one-third or less of Canadians students have an RESP for them.
  • The Canada Learning Bond (CLB) and why it’s awesome.
  • Why sooner is better than later when it comes to RESPs.
  • The Anti-Hockey Scholarship
  • How a two-hour time commitment can make sure your child has thousands of dollars extra dollar when it comes time to head off to school.
  • Mike’s book and associated blog.

For more information on RESPs you can check out Mike’s website and his book, as well as taking a peak at the following RESP-related articles on My University Money:

Buying RESPs – What Parents Don’t Understand

The Canada Learning Bond

CESG – The Canada Education Savings Grant

Investing Series – RRSPs, TFSAs, RESPs

RESPs – A Great Graduation Gift

RESP Rules – Not Exactly Tax Free – But Close

RESP – An Investment for the Future

MMFBT 004 – Mike Holman & “The RESP Book” is posted originally on My University Money.

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Download the Podcast here If you told most professional investors that there was a way to get a tax-advantage automatic return of 20% on their money they would quickly jump on it and be hailed as some of the greatest investors on the planet for doing i... Download the Podcast here If you told most professional investors that there was a way to get a tax-advantage automatic return of 20% on their money they would quickly jump on it and be hailed as some of the greatest investors on the planet for doing it. If you have children in Canada you actually […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 29:29
MMFBT 003 – Rob Carrick: 1984 vs 2012 https://myuniversitymoney.com/mmfbt-003-rob-carrick-1984-vs-2012/ Sat, 13 Jul 2013 16:30:04 +0000 https://myuniversitymoney.com/?p=7495 https://myuniversitymoney.com/mmfbt-003-rob-carrick-1984-vs-2012/#respond https://myuniversitymoney.com/mmfbt-003-rob-carrick-1984-vs-2012/feed/ 0 <p>To download the podcast click here. Sorry it’s been so long since the More Money for Beer and Textbooks Podcast has released an episode.  We have some great interviews in the hopper, and we will start releasing them every two weeks.  Don’t worry, we’ll keep making sure both your glass and wallet always stay full. […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-003-rob-carrick-1984-vs-2012/">MMFBT 003 – Rob Carrick: 1984 vs 2012</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> To download the podcast click here.

Sorry it’s been so long since the More Money for Beer and Textbooks Podcast has released an episode.  We have some great interviews in the hopper, and we will start releasing them every two weeks.  Don’t worry, we’ll keep making sure both your glass and wallet always stay full.

This week we chat with Rob Carrick of the Globe and Mail.  Rob is one of Canada’s preeminent personal finance voices and in addition to his columns, he is extremely active on social media, and has written the following books:

“How Not to Move Back in With Your Parents: The Young Person’s Complete Guide to Financial Empowerment”

“Rob Carrick’s Guide to What’s Good, Bad and Downright Awful in Canadian Investments Today”

“How to Pay Less and Save More For Yourself: The Essential Consumer Guide to Canadian Banking and Investing”

The More Money for Beer and Textbooks PodcastRob also seems to have found a place as a voice in the Baby Boomer wilderness for the Millennial Generation and he was kind enough to help Justin and I with our book.

Before I forget, you would be doing us a major favor if you would stop by iTunes and rate our podcast and leave us a comment telling us what you think and/or what you would like to see on the next edition.  If you want to tell us that our voices suck and that our vocabulary is one step above that of your pet turtle that’s ok, any feedback would be great that this point.

On this episode we discuss:

  • The weird rationale behind the “Pull Yourself Up By Your Bootstraps” line of thought and why it’s “idiotic”.
  • Do you have it tougher than your parents and grandparents did?
  • What do the Millennials look like through the eyes of a Baby Boomer?
  • “2012 vs 1984 Why Young Adults Really Do Have It Harder Today” Carrick’s ultra-popular article that he penned this year and the huge response that followed.
  • Youth unemployment rate is double the overall unemployment rate of the general population.
  • Underemployment issues that are paramount for young Canadians.
  • Today’s struggles and the consequent lack of sympathy/empathy for Generation Y.
  • Rob’s experiences as a post-secondary student in 1984 (*spoiler alert* things were a lot better).
  • Public schools and the failure to teach financial literacy.
  • Choosing a career path and a corresponding educational plan.
  • Communicating the realities of today’s labour market to today’s youth.
  • How universities and colleges should look to 2013 graduates.
  • Your options when it comes to repaying your student loans.
  • Repaying student debt before buying a house or looking at retirement, “Life begins when student loans get paid off.”
  • Rob’s post-secondary advice to his own sons.
  • Having a post-secondary funding talk with your parents/children.
  • Rob’s discount beer recommendations from “back in the day”.

Download MMFBT003 – Rob Carrick: 1984 vs 2012

MMFBT 003 – Rob Carrick: 1984 vs 2012 is posted originally on My University Money.

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To download the podcast click here. Sorry it’s been so long since the More Money for Beer and Textbooks Podcast has released an episode.  We have some great interviews in the hopper, and we will start releasing them every two weeks.  Don’t worry, To download the podcast click here. Sorry it’s been so long since the More Money for Beer and Textbooks Podcast has released an episode.  We have some great interviews in the hopper, and we will start releasing them every two weeks.  Don’t worry, we’ll keep making sure both your glass and wallet always stay full. […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 27:49
MMFBT 002 – Surviving Your First Year at College or University https://myuniversitymoney.com/mmfbt-002-surviving-your-first-year-at-college-or-university/ Mon, 17 Jun 2013 01:00:00 +0000 https://myuniversitymoney.com/?p=7429 https://myuniversitymoney.com/mmfbt-002-surviving-your-first-year-at-college-or-university/#respond https://myuniversitymoney.com/mmfbt-002-surviving-your-first-year-at-college-or-university/feed/ 0 <p>In the second edition of the More Money for Beer and Textbooks podcast (available for download right here on the site or on iTunes) Justin and Kyle look at some of the primary challenges facing first year college and university students.  As a teacher and a Dean of Residence, the almost-dynamic duo have an interesting […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/mmfbt-002-surviving-your-first-year-at-college-or-university/">MMFBT 002 – Surviving Your First Year at College or University</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> In the second edition of the More Money for Beer and Textbooks podcast (available for download right here on the site or on iTunes) Justin and Kyle look at some of the primary challenges facing first year college and university students.  As a teacher and a Dean of Residence, the almost-dynamic duo have an interesting insight into this importation transition.  Topics explored include:

  • Why surviving your first year without crashing is more difficult than you might think, and why it’s so important in the long term
  • Some tips on adapting to living on your own.
  • What the heck is University 1 and are first-year transition programs a waste of time & money?
  • Why you should take harder courses in high school even though you’d rather have spare time.
  • When you should apply to maximize your chances to get into school, gain admittance to residence, and garner your share of scholarships.
  • The More Money for Beer and Textbooks PodcastLearning from our first year mistakes.
  • Why skipping a single class is like flushing $20-$30 down the toilet.
  • Justin and Kyle try not to fired as they talk about alcohol on campus and what role it might play when you’re 18 or 19.
  • Starting next week we’ll be introducing some new experts to the podcast in order to keep things fresh and moving.
  • Please be sure to leave us some comments and/or ranking the podcast on iTunes, we sincerely appreciate the support!

Side Note – Scholarship Opportunity

This scholarship won’t apply to most of you out there, but we were asked to help generate a little publicity for a worthy cause, so here it is:

“Inflammatory bowel disease (Crohn’s disease and ulcerative colitis) causes intestinal tissue to become inflamed, form sores and bleed easily. Patients suffer from symptoms including abdominal pain, cramping, fatigue and diarrhea that is often urgent and unexpected. With more than 230,000 Canadians living with IBD, Canada has amongst the highest incidence rates in the world, yet there is no cure, no known cause, and little public understanding of the pain, chronic suffering and isolation IBD patients courageously cope with every day of their lives.

In partnership with the Crohn’s and Colitis Foundation of Canada (CCFC), the AbbVie IBD Scholarship Program is designed to award students who are living well with IBD, and strive to sustain an optimal level of wellness allowing them to excel while inspiring others to do the same. Through an unrestricted educational grant by AbbVie, CCFC will extend seven (7) one-time scholarships of up to $5,000 CAN to students living with IBD who are entering into or are currently attending a post-secondary educational institution. Students of all ages are welcome to apply and the scholarship can be used for any Canadian post-secondary institution. The deadline to apply is fast approaching: June 30, 2013.”

MMFBT 002 – Surviving Your First Year at College or University is posted originally on My University Money.

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In the second edition of the More Money for Beer and Textbooks podcast (available for download right here on the site or on iTunes) Justin and Kyle look at some of the primary challenges facing first year college and university students. In the second edition of the More Money for Beer and Textbooks podcast (available for download right here on the site or on iTunes) Justin and Kyle look at some of the primary challenges facing first year college and university students.  As a teacher and a Dean of Residence, the almost-dynamic duo have an interesting […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 27:18
MMFBT 001 – The More Money for Beer and Textbooks Podcast https://myuniversitymoney.com/the-more-money-for-beer-and-textbooks-podcast/ Sun, 09 Jun 2013 23:50:54 +0000 https://myuniversitymoney.com/?p=7299 https://myuniversitymoney.com/the-more-money-for-beer-and-textbooks-podcast/#comments https://myuniversitymoney.com/the-more-money-for-beer-and-textbooks-podcast/feed/ 2 <p>No longer will your favorite bloggers be forever limited to the written word!  The More Money for Beer and Textbooks Podcast is ready to hit the airwaves. Right click here to download the episode We’re here to soothe you with the silky smooth tones of personal finance sensuality… Ok, so maybe we aren’t that good, […]</p> <p><a rel="nofollow" href="https://myuniversitymoney.com/the-more-money-for-beer-and-textbooks-podcast/">MMFBT 001 – The More Money for Beer and Textbooks Podcast</a> is posted originally on <a rel="nofollow" href="https://myuniversitymoney.com">My University Money</a>.</p> No longer will your favorite bloggers be forever limited to the written word!  The More Money for Beer and Textbooks Podcast is ready to hit the airwaves.

Right click here to download the episode

We’re here to soothe you with the silky smooth tones of personal finance sensuality… Ok, so maybe we aren’t that good, but we now have a podcast – and that’s pretty badass.  I mean for a couple of guys who aren’t getting on the pages of GQ anytime soon hearing yourself introduced as a “radio personality” is about as ego-inflating and narcissistic dream-satisfying as you can get right?

What the Heck is a Podcast?

If you’re not into podcasts you’re missing out.  Think of a podcast as all the best parts of radio, without all the time schedules, commercials, and random crap you don’t want to listen to.  The idea is that someone produces a piece of verbal media (although there are some “visual podcasts” coming out now – I’m not sure how these are different from YouTube clips, but there you go) and then others can download it and listen to it anytime at their leisure.

The More Money for Beer and Textbooks Podcast

Our podcasts will always be available to listen to on your computer from this site, but perhaps the easiest way of checking us out regularly would be to go to our iTunes listing  and subscribe to our feed.  This is relatively straight forward if you simply follow the directions iTunes gives you.  After you subscribe, your device will automatically download our newest episode without you having to do anything.  Personally, I plug in my iPhone whenever I get stuck with the dishes or on a long drive – the Canadian prairie is picturesque, but a little bit repetitive.

The First Time Is Always Special

In our inaugural episode we try to warm you all up a little bit with a little light-hearted banter and gentle flirting.  In other words, we blather on about ourselves for a little while and talk about what the show will look like in the weeks to come.

Justin and I also struggle through our recording and editing debut, so please bear with us as we get the kinks figured out.  I can say with a fair degree of confidence that we’ve already gotten quite a bit better just in the few sessions we’ve recorded so far, so there is light at the end of the tunnel.

What Is This Podcast Going to Be About?

We’ll here’s what our iTunes description says:

Kyle Prevost and Justin Bouchard – authors of the critically acclaimed More Money for Beer and Textbooks – A Financial Guide for Today’s Canadian Student – take their act to podcast land so that they can further help today’s Canadian youth and their parents navigate the world of post-secondary education.  Before Kyle and Justin became published authors and two of Canada’s leading personal finance bloggers they were just a couple young guys away from home trying to get through university without drowning in debt.  Now they want to share their tips for how they managed to graduate debt-free and smoothly transition into rewarding careers.  Kyle and Justin discuss the current post-secondary climate with many of Canada’s leading financial minds, including the Globe and Mail’s Rob Carrick, The Toronto Star’s Ellen Roseman, TED Talk-giver and TV Personality Preet Banerjee, and Mike Holman who is the author of The RESP Book.  The More Money for Beer and Textbooks Podcast will include updated information on student loan applications, student credit cards, student housing options, comparing college and university course offerings, scholarships, paying back your student debt, current labour market trends and career opportunities, as well as lighter topics such as how to brew your own beer and which discount beer gives you the most bang for your buck.  

Here’s the real deal:

We’re going to talk about stuff that we didn’t have room to put in our book or stuff we want to go into more than a blog post’s worth of detail about.  The best reason to listen to The More Money for Beer and Textbooks podcast is that we will be talking to people who are recognized professionals in their fields and asking them the questions that are important to you.  Plus, it’s worth re-mentioning that you can listen to us whenever is convenient for you so you don’t have to be available at a certain time (it’s not like my weekends revolve around being in front of a TV for Game of Thrones and/or Mad Men or anything like that…).

Help Us Help You

Please leave us any feedback or suggestions you might have.  Any reviews we receive on iTunes will be a great help to us and we can’t thank you enough for taking 5 minutes out of your busy schedule to give us a hand with that if you so choose.  If you are interested in coming on the podcast either as an expert on a certain topic matter, or as someone with some questions you want help with we’re certainly open to hearing what you have to say – just shoot an email through our contact page.

Finally, if you’re looking for a new drinking game you could always try taking a swig every time Justin or I stutters, mumbles, or otherwise sounds like a couple of first-timers – don’t blame us for the resulting state of affairs however!  And while I joke about our relative lack of radio experience, I should also state that the content of the podcast is absolutely first class and guaranteed to help you Canadian youths on campuses everywhere.

Right click here to download the episode

MMFBT 001 – The More Money for Beer and Textbooks Podcast is posted originally on My University Money.

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No longer will your favorite bloggers be forever limited to the written word!  The More Money for Beer and Textbooks Podcast is ready to hit the airwaves. Right click here to download the episode We’re here to soothe you with the silky smooth tones of ... No longer will your favorite bloggers be forever limited to the written word!  The More Money for Beer and Textbooks Podcast is ready to hit the airwaves. Right click here to download the episode We’re here to soothe you with the silky smooth tones of personal finance sensuality… Ok, so maybe we aren’t that good, […] Kyle Prevost: Teacher, Personal Finance Blogger, Student Debt Expert | Justin Bouchard - Dean of Residence, Personal Finance Blogger, Entrepreneur clean 18:06