The Allied Health Financial Podcast: Personal Finance, Budgeting, Debt Repayment, Insurance and Investing
EI Special Benefits vs Disability Insurance

EI Special Benefits vs Disability Insurance

January 25, 2022

Employment Insurance (EI) special benefits and disability insurance are similar at face value and deciding which option is right for you can be difficult. In this question period episode, we compare and contrast the two products to help you decide which one (or combination) is right for you.

 

- Download the Financial ToolKit

- Episode 91: Employment Insurance Special Benefits

- Episode 42: Do I Need Disability Insurance?

- Contact Us

 

Theme Music: Pamgaea Kevin MacLeodLicensed under Creative Commons: By Attribution 3.0 License

Socially Responsible Investing

Socially Responsible Investing

January 18, 2022

Using an indexing strategy is proven to be very effective, but it can lead to investing in companies that don't match your values. Large market indexes like the S&P 500 hold companies that produce fossil fuels, manufacture weapons or have questionable business practices, which may not sit well with you. This is where socially responsible investing (also known as ESG) comes into play. In this episode, you'll learn about ESG products and how they help you put your money where your values are.

 

- Download the Financial ToolKit

- Episode 61: Value Investing

- Episode 32: Focus on Justwealth

- RBC Global Asset Management: Does socially responsible investing hurt investment returns?

- Justwealth ESG High Growth Portfolio

- XIU: iShares S&P/TSX 60 Index ETF

- XESG: iShares ESG Aware MSCI Canada Index ETF

- Contact Us

 

Theme Music: Pamgaea Kevin MacLeodLicensed under Creative Commons: By Attribution 3.0 License

Getting Ready for Tax Season

Getting Ready for Tax Season

January 11, 2022

With tax season quickly approaching, we talk about everything you can do as an employee or an independent contractor to optimize your taxes. Whether you use an accountant or prefer filing your own taxes, the tips and tricks in this episode will help you increase your deductions and limit tax-related frustration.

 

- Download the Allied Health Financial Tax Tracker

- Episode 51: Tax Deductions for Contractors and Self Employed Healthcare Professionals

- Episode 52: Tax Deductions for Employees

- Episode 85: Should I Use an Accountant?

- Episode 53: How are RRSP Contributions Made With Pre-Tax Income?

- Episode 50: The Ultimate Guide to RRSPs

- Download the Financial ToolKit

- Contact Us

 

Theme Music: Pamgaea Kevin MacLeodLicensed under Creative Commons: By Attribution 3.0 License

Uncovering Hidden Investing Fees - The Currency Exchange Fee

Uncovering Hidden Investing Fees - The Currency Exchange Fee

January 4, 2022

We like to talk a lot about investing fees and in this episode, we talk about a hidden fee when it comes to investing in funds listen on US exchanges - the currency exchange fee. This fee can significantly drag down your investment returns, so make sure you understand how your robo-advisor or brokerage account applies these fees to your account.

 

- Episode 18: Are Investment Fees Holding You Back?

- Download the Financial ToolKit

- Contact Us

 

Theme Music: Pamgaea Kevin MacLeodLicensed under Creative Commons: By Attribution 3.0 License

The True Cost of Selling Your Home

The True Cost of Selling Your Home

December 21, 2021

The Canadian housing market is growing at an unprecedented rate. The average price of resale residential homes sold in October 2021 across Ontario was up by 22.9% from the previous year. But will you realize all of these gains if you sell? The short answer is no. In this episode, we take you through the costs associated with selling your home and the true return on your investment.

 

- Episode 17: Do You Need to Buy a House?

- Download the Financial ToolKit

- Contact Us

 

Theme Music: Pamgaea Kevin MacLeodLicensed under Creative Commons: By Attribution 3.0 License

Common Employment Insurance Questions

Common Employment Insurance Questions

December 14, 2021

We answer specific questions about Employment Insurance (EI) for employees and self-employed healthcare professionals. Take a deep dive into common scenarios to understand the benefits of EI in each situation and if EI is right for you.

 

- Employment Insurance Special Benefits

- Employment Insurance Regular Benefits

- Using Employment Insurance to Fund Parental Leave

- Savings vs Employment Insurance to Fund Parental Leave

- Government of Canada: Employment Insurance

- Download the Financial ToolKit

- Contact Us

 

Theme Music: Pamgaea Kevin MacLeodLicensed under Creative Commons: By Attribution 3.0 License

Employment Insurance Special Benefits

Employment Insurance Special Benefits

December 7, 2021

In this episode, we talk about Employment Insurance (EI) special benefits, for independent contractors and self-employed healthcare professionals. You’ll learn if you qualify, how to register, the available benefits and much more.

 

- Episode 90: Employment Insurance Regular Benefits

- Using Employment Insurance to Fund Parental Leave

- Savings vs Employment Insurance to Fund Parental Leave

- Government of Canada: Employment Insurance

- Download the Financial ToolKit

- Contact Us

 

Theme Music: Pamgaea Kevin MacLeodLicensed under Creative Commons: By Attribution 3.0 License

Employment Insurance - Regular Benefits

Employment Insurance - Regular Benefits

November 30, 2021

If you are an employee, you’ve surely noticed the Employment Insurance (EI) deductions from your paycheque, but do you know how the benefits work? In this episode, we’ll cover everything your need to know about EI regular benefits for Canadian healthcare professionals who are employees.

 

- Using Employment Insurance to Fund Parental Leave

- Savings vs Employment Insurance to Fund Parental Leave

- Government of Canada: Employment Insurance

- Download the Financial ToolKit

- Contact Us

 

Theme Music: Pamgaea Kevin MacLeodLicensed under Creative Commons: By Attribution 3.0 License

You’re Richer Than You Think

You’re Richer Than You Think

November 23, 2021

Budgeting has the bad reputation of making you feel guilty for spending your hard-earned money - we're going to show you why that isn't true. In this episode, we'll show you how budgeting can lead to guilt free-spending and prove to you that you're richer than you think!

 

- Download the Financial ToolKit

- Budget Like a Boss: The Financial Planner 2.0

- Contact Us

 

Theme Music: Pamgaea Kevin MacLeodLicensed under Creative Commons: By Attribution 3.0 License

 

What Is Happening With Inflation?

What Is Happening With Inflation?

November 16, 2021

Inflation in Canada is up nearly 4% in 2021 compared to the same time in 2020. Canadians are feeling its effects with rising prices of gas, groceries and other staples. This episode explains inflation, discusses possible driving factors, and how this abstract number affects your day-to-day and larger purchases. You can't escape it, but you can be ready for it.

 

- What is Inflation?

- Download the Financial ToolKit

- Contact Us

 

Theme Music: Pamgaea Kevin MacLeodLicensed under Creative Commons: By Attribution 3.0 License

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