The Debt Free Canadian Podcast

This is the fourth video in the Budget Course!  Debt is the number one reason why Canadians don't have the wiggle room in their budget.  Once you have your income and four walls written out in a budget, the next step is to get your debt under control and make decisions on how much of the money you have left will actually go towards debt.  You CAN be debt-free, and it's TOTALLY WORTH the effort to get there!

Got questions about budgeting?
https://wepayoffdebt.ca/voicemail
OR TXT 'PODCAST' to 204-813-6133

Come join the Facebook Group and share your progress as you go!
https://wepayoffdebt.ca/facebook

Make sure to check out the rest of the Budget Course episodes.  Reach out if I can help at all: rob@wepayoffdebt.ca

This is the third episode in the Budget Course!  I go through the important concept of "The Four Walls," dealing with the most important issues that need to be addressed FIRST in everyone's budget.

Got questions about budgeting?
https://wepayoffdebt.ca/voicemail
OR TXT 'PODCAST' to 204-813-6133

Come join the Facebook Group and share your progress as you go!
https://wepayoffdebt.ca/facebook

Make sure to check out the rest of the Budget Course episodes.  Reach out if I can help at all: rob@wepayoffdebt.ca

Due to some business, I'm temporarily moving to an every two-week schedule instead of weekly.  

Would love to hear from you on what you think of the podcast!  Visit WePayOffDebt.ca/voicemail and leave me a message to let me know what you think!

See you soon! -Rob

How do donations work in our finances?  What about surprise school expenses? Should I go back to work or stay home with my 1-year-old?

Today I address three listener questions!
- How do I deal with donations and what's the best way to make them?
- How do I deal with surprise expenses with my kids from school?
- Should I go back to work or stay home with my 1-year-old?

Got questions about any of these topics? Visit
https://wepayoffdebt.ca/voicemail
OR TXT 'PODCAST' to 204-813-6133

Be sure to reach out if I can help at all!

This is the second episode in the Budget Course!  I go through the basics of what a zero-based budget is and how to do it.  It takes some practice, but it's well worth the effort!

Got questions about budgeting?
https://wepayoffdebt.ca/voicemail
OR TXT 'PODCAST' to 204-813-6133

Come join the Facebook Group and share your progress as you go!
https://wepayoffdebt.ca/facebook

Make sure to check out the rest of the Budget Course episodes.  Reach out if I can help at all: rob@wepayoffdebt.ca

This is the first episode in the Budget Course!  I go through a bit of our story and the reason why it's so important to get control of our money from a biblical point of view.

Got questions about budgeting?
https://wepayoffdebt.ca/voicemail
OR TXT 'PODCAST' to 204-813-6133

Come join the Facebook Group and share your progress as you go!
https://wepayoffdebt.ca/facebook

Make sure to check out the rest of the Budget Course episodes.  Reach out if I can help at all: rob@wepayoffdebt.ca

Come Join Me Every Single Week This January to Get Control of Your Finances in a Way You Didn’t Think Was Possible!

http://www.WePayOffDebt.ca/2022

I’ll Teach You to Build Not Just a Budget, but an Entire System That Will Allow You to Get Complete Control of Your Money and Track It to Know That You’re Sticking to It...and All That Without Spending a Ton of Time or Energy on It!

http://www.WePayOffDebt.ca/2022

Check out a list of some smaller and some bigger things you can "invest" your money in that can bring a massive return in your life: http://www.WePayOffDebt.ca/cash

Some people think "Nah, people with extra money just don't exist", but in fact, some people are born savers and end up piling up money that they don't know what to do with.  Some people win a lottery and just put it in their account to feel good about it being there.  Some have an insurance settlement that they decide to just leave in the account.  In this episode, I go through what should be done with a chunk of money that you just don't know what to do with, and the paradigms around doing so.  

NOTE: This all assumes that you're life is stable financially at the moment.  If, for instance, you're in school right now, keep piling up money to make sure you get through school debt-free.  If, for instance, you lost your job, or you've experienced some traumatic issue recently, go ahead and leave the cash there until you've walked through this season in your life.  But if things are well and you have a solid job with a solid income, then this episode is for YOU.

Also, at the end we have a few listener questions: 
- Emily: How do you make time to stay on top of your budget when times get busy? How do you deal with increases to the cost of living when you're already living paycheque to paycheque?
- Paul: Should I use my emergency fund to buy a cow?  It'll fill my pantry for a long time, and if not, then it would take us a long time to save up for it.

Did you know that Jesus spoke more about money and possessions than almost any topic?  More than heaven and hell combined?  If your personal finance life was a puzzle, and you dumped out all the pieces, you'd want to start with the corner points, in order to get some structure of where to go and something to build on to.  I recently had the privilege of preaching at the Winnipeg Church of Christ (https://wcoc.ca/), and in this sermon, I present what I would call "the four corners" of this puzzle from a biblical point of view.   I hope you enjoy it!

Text PODCAST to 204-813-6133 to leave a voicemail with feedback on the show, or with a question that you'd like answered on a future episode!

Be sure to get the PDF of instructions I use to enter and track my transactions with incredibly low effort and time needed: http://www.wepayoffdebt.ca/everydollar

This is the app that changed everything in our financial lives - being able to not only make a budget but more, to (a) track it with almost zero effort, (b) to be able to update it quickly and with almost zero effort, and (c) be able to actually feel and BE in control of our finances for the first time ever!

Text 'SAVINGS' to 204-813-6133 to get a PDF summary of this video

Many Canadians, especially Christians, feel guilty thinking that they're not doing the right thing - that they should be saving more, or doing something more with their money.  In this podcast, I go through all the different stages you might be in and answer the question "How much should I save?" along the way.  Enjoy!

What in the world is a TFSA?  An RRSP?  Which one is right for me?  If you get this wrong, it can cost you THOUSANDS in retirement.  The answer is pretty easy, but it's important YOU understand what you're investing in, and WHY.

Listener question from Living On A Loonie in Ontario

How does one do Christmas Credit Card Free and without Debt?  It takes some effort and intentionality, but not only is it totally doable, but there are even ways to even make it FUN.  Moreso, it's a MYTH that you need a credit card to buy online.  We've been buying online for a long time, and have been doing so without a credit card for YEARS now.  Today there are 3 tools that are AMAZING to make this easy for Canadians.

ABOUT THE LISTENER QUESTION
- The KOHO Card - sign up today, and get $20! - http://www.WePayOffDebt.ca/koho
- How To Make a Budget You'll Actually Stick To (And Easily To!) - https://www.youtube.com/watch?v=7CKFu9y_Acw&list=PLERRPW110SDYnTJyN2KjLb1cGsXmov0SQ&index=11

RELATED
- The #1 Reason To Get Rid Of Your Credit Card TODAY! - https://www.youtube.com/watch?v=vQcSwi_2gY4
- Living a Credit Card Free Life in Canada 2020! - https://www.youtube.com/watch?v=PIKy1ESyo2Q
- Some Credit Card Math - Minimum Payments - https://www.youtube.com/watch?v=mKyW0mXzQSk

My wife and I paid off $41,000 and built a $21,000 emergency fund in a total of 25 months after Discovering Dave Ramsey.  This was such a MASSIVE shift in our financial lives.  In this video, I share the story of our get out of debt journey!

RELATED:
- The #1 Reason To Get Rid Of Your Credit Card TODAY! - https://www.youtube.com/watch?v=vQcSwi_2gY4
- Some Credit Card Math - Minimum Payments - https://www.youtube.com/watch?v=mKyW0mXzQSk

Lots of people have asked me recently what they can do to get their income up, especially those in rural Canada.  It’s easy to look around and feel like there’s nothing here for you to do.  But all it comes down to is finding a way to meet needs.  If you can meet people’s needs, they will thank you with CASH.

RELATED:
- Got Free Time, A Vehicle, And A Huge Desire To Be Debt Free? - https://www.youtube.com/watch?v=zcSz7yMElCU
- Do you want to get out of debt? See debt as the ENEMY. - https://www.youtube.com/watch?v=IjWZ-YpaeCQ

Got a call from a close friend recently who was looking for some input. “I just want to feel like I’m being a good steward of what God has given me.”  It’s a common feeling of Christians when it comes to their finances.  In this video, I go through some of the main points to hit to be someone who is managing their financial resources for God.

RELATED:
- The Best Way To Pay Off Your Debt - https://www.youtube.com/watch?v=nDt80kZn9wc
- How To Make a Budget You'll Actually Stick To (and easily too!) - https://www.youtube.com/watch?v=7CKFu9y_Acw
- The App We Use To Track Our Money - http://www.wepayoffdebt.ca/everydollar
- How much life insurance do you need? - https://www.youtube.com/watch?v=zqCfXguLOTA
- TFSA vs RRSP: Saving For Retirement In Canada - https://www.youtube.com/watch?v=0k2H-I_4b14
- Reason #56235546​ To Get Out Of Debt: RESPs! - https://www.youtube.com/watch?v=gtf7ACLMd0c