Start the Savings!

enFebruary 17, 2023

Eyes on your Money with Ryan and Becky

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What was the main topic of the podcast episode?

Summarise the key points discussed in the episode?

Were there any notable quotes or insights from the speakers?

Which popular books were mentioned in this episode?

Were there any points particularly controversial or thought-provoking discussed in the episode?

Were any current events or trending topics addressed in the episode?

About this Episode

"In this month’s podcast, Ryan and Becky introduce listeners to the world of Registered Savings Plans and their related tax benefits. If you are ready to start saving, this is the episode for you. The three main take aways from this episode: 1) Just get started. Don’t worry about not having large deposits. It is important just to get going on a savings plan. 2) If you need help, talk with a financial advisor. Find one you trust as they can help you document your goals and plans. 3) Register with CRA for a My CRA account. You can find out how much contribution room you have for each plan. Helpful links: Setting up your account with CRA: https://www.canada.ca/en/revenue-agency/services/e-services/cra-login-services/cra-user-password-help-faqs/registration-process-access-cra-login-services.html RRSP information: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/registered-retirement-savings-plan-rrsp.html The Tax-Free Savings Account: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/tax-free-savings-account.html The Tax-Free First Home Savings Account: https://www.canada.ca/en/department-finance/news/2022/08/design-of-the-tax-free-first-home-savings-account.html What is the Home Buyers' Plan (HBP)? https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/what-home-buyers-plan.html Lifelong Learning Plan (LLP): https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4112/lifelong-learning-plan.html "

Recent Episodes from Eyes on your Money with Ryan and Becky

That's a wrap, time to get planning

In this final episode, Ryan and Becky summarize what they’ve discussed over the season, ensuring you have the knowledge to understand how your finances work and what you can do to make them work for you. Join in as they highlight their key takeaways, take charge of your finances, get yourself involved in the process, and, when you’re ready, find a trusted advisor who understands your personal situation. After all, It’s only money! The three main takeaways: 1. Determine your goals. Set up a budget to help you achieve them. 2. Do your research, ask questions, and make sure you understand what all your options are. 3. Find and work with an advisor you trust.

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Eyes on your Money with Ryan and Becky

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In this month’s podcast, Ryan and Becky introduce you to two exciting government plans that can get you free money. The RDSP and RESP are a must for people with disabilities or children. The three main takeaways: 1) Register for the Disability Tax Credit 2) Whichever Registered account fits with your situation, start as early as possible 3) Interview a few “Providers,” and find the one that you feel will give you the right service throughout the lifetime of either plan. Helpful links: Information on Social Insurance Numbers: https://www.canada.ca/en/employment-social-development/services/sin.html Disability Tax Credit: https://www.canada.ca/en/revenue-agency/services/tax/individuals/segments/tax-credits-deductions-persons-disabilities/disability-tax-credit.html

Eyes on your Money with Ryan and Becky

enMarch 17, 2023

Start the Savings!

Eyes on your Money with Ryan and Becky

enFebruary 17, 2023

We Are Your Customer

In this month’s podcast, Ryan and Becky talk to Brian Moore, an expert in accessibility who works in the banking industry. They discuss what services the banks can offer persons with a disability, the Accessible Canada Act, and a whole lot more. The three main take-aways from this month’s episode: 1) If you aren’t getting the service you think you need from your bank or credit union, call, or email them 2) Read about the Accessible Canada Act, learn what you are entitled to 3) Always carry a pair of corded earbuds with you Follow Brian on Twitter: @bmoore123 Email Brian: bmoore@screenreview.org Helpful Links: Envisioning Technologies – Talking ATM Episode https://envisioningtechnologies.omeka.net/exhibits/show/the-talking-atm--innovation--a/the-talking-atm Towards an Accessible Canada https://www.canada.ca/en/employment-social-development/programs/accessible-canada.html A Guide to ADA Compliance in Canada https://adatile.com/a-guide-to-ada-compliance-in-canada/ Aira - Visual Interpreting https://aira.io/

Eyes on your Money with Ryan and Becky

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You’re Approved

In this month’s podcast, Ryan and Becky discuss the world of loans, lines of credit and mortgages. They break down how interest works and the hidden fees and traps to look for. The three main takeaways from the episode: 1) Shop around for loans. Different lenders will offer different rates 2) Make sure you are comparing apples to apples. Look for hidden finance fees and interest rate terms 3) Get overdraft protection or a line-of-credit if you can Helpful Links: Personal loans https://www.canada.ca/en/financial-consumer-agency/services/loans/personal-loans.html Lines of Credit: When to Use Them and When to Avoid Them https://www.investopedia.com/articles/personal-finance/072913/basics-lines-credit.asp Choosing a mortgage that is right for you https://www.canada.ca/en/financial-consumer-agency/services/mortgages/choose-mortgage.html Getting help from a credit counsellor https://www.canada.ca/en/financial-consumer-agency/services/debt/debt-help.html

Eyes on your Money with Ryan and Becky

enDecember 16, 2022

What’s in Your Wallet?

"In this month’s episode, Ryan and Becky dig into your credit report, credit score and credit cards. They discuss how a credit report is different than your credit score, and what you can do to improve both. From there they go on to the pros and cons of credit cards and how to choose the right one for you. The three main take-aways from today’s episode: 1. Check your credit report 2. Be disciplined with your credit cards 3. Shop around for the credit card that’s right for you To learn more, check out the following links: 2019 CBC Marketplace episode on credit scores: https://www.youtube.com/watch?v=5BsxZFrV4dU&t=92s How do cybercriminals steal credit card information? https://www.techtarget.com/whatis/feature/How-do-cybercriminals-steal-credit-card-information How credit cards work: https://www.canada.ca/en/financial-consumer-agency/services/credit-cards/credit-card-work.html"

Eyes on your Money with Ryan and Becky

enNovember 18, 2022

Don't Be Afraid of Your Budget

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Eyes on your Money with Ryan and Becky

enOctober 21, 2022

Welcome to Eyes On Your Money with Ryan and Becky: Why Do I Need a bank Account Anyway?

In this brand-new monthly podcast, hosts Becky Armstrong and Ryan Chin shine a light on the confusing world of finance to help clarify the fundamentals and make it fun and accessible. In their first episode, Ryan and Becky introduce listeners to the Canadian banking system and will answer the question, "Why do I need a bank account anyway?" They outline the banking system in Canada, provide explanations about the different types of banks, give examples of various types of accounts, and offer tips on how to set up your own account. “Three percent of Canadians do not have a bank account and about 15% are under-served by their bank.”

Eyes on your Money with Ryan and Becky

enSeptember 23, 2022

Ask this episode Anything

What was the main topic of the podcast episode?

Summarise the key points discussed in the episode?

Were there any notable quotes or insights from the speakers?

Which popular books were mentioned in this episode?

Were there any points particularly controversial or thought-provoking discussed in the episode?

Were any current events or trending topics addressed in the episode?