In this episode I interview Symon He The co-author of Airbnb for dumies and author of Real Estate Investing Quickstart Guide. We cover a wide range of topics including his journey from starting a startup and watching it crash and burn, his experience working at Panda express, dealing with difficult life circumstances like cancer in the family, becoming one of the top instructors on Udemy, and when to quit your job.

Full transcript and links: https://smartmoneytricks.com/making-millions-online-courses-replacing-your-income-symon-he-part-1

In this episode I interview Chris Thomson from Student Works Management Program, head coach, and one of the most passionate people I know about helping others. We cover a wide range of topics including how Chris acquired the business, his goal to create 1000 millionaires of which he has already reached 175, losing a $26m business with Home Depot, and so much more.

Full transcript and links: https://smartmoneytricks.com/minting-1000-millionaires-and-losing-26m-business

In this episode we interview James Svetec from BNB Mastery, author of AirBNB for Dummies, and one of the foremost experts of short term rentals. We cover a wide range of topics including how to get started in AirBNB, different strategies for getting involved, facebook advertising, and so much more. James has spent over One Million Dollars to date on Facebook ads and shares some tips and tricks to be successful.

Full transcript and links: https://smartmoneytricks.com/one-million-dollars-facebook-ads-james-svetec-bnbmastery

Full episode transcript and links: https://smartmoneytricks.com/interview-bank-breakers-jesse

Topics covered:

• Books to read for finance beginners
• How to pick stocks
• Crypto
• Taxes on Dividend Stocks (eligible vs non-eligible)
• Don't be afraid of personal finance

Full episode transcript and links: https://smartmoneytricks.com/retiring-9-years-and-503020-budget-rule

Topics covered:

• 50/30/20 budget rule
• ROI on savings
• Where to put your savings
• Years to retirement calculator
• The Measure of a Plan - Investment Tracker Tool (free)
  

Resources and Links

• 50/30/20 Rule breakdown: https://note.moneylover.me/rule-50-30-20/
• The Measure of a Plan - Investment Tracker: https://themeasureofaplan.com/investment-portfolio-tracker/
• RRSP vs TFSA: http://chartwellfinancial.com/tfsa-vs-rrsp-what-you-need-to-know-to-make-the-most-of-them-in-2021/
• Retiring Early Chart (different than the youtube video): https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/

Full episode transcript and links: https://smartmoneytricks.com/how-budget-2021

Topics covered:

• What is a budget?
• Who needs a budget?
• Why do you need a budget?
• Types of Tools
• Mint by Intuit
• Excel (The measure of a plan budget tool)
• Ideal budget allocation (50/30/20)
• Savings Ratio
• Where to put savings (RRSP vs TFSA)

Resources and Links

The Measure of a Plan - Excel Budget Tool: https://themeasureofaplan.com/budget-tracking-tool/

RRSP vs TFSA: https://youngandthrifty.ca/tfsa-vs-rrsp/

Retiring Early Chart (different than the youtube video): https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/

Learn how to leverage a downpayment to live (effectively) for free in 2021! This example takes place in Toronto, but the methodology can be applied anywhere. The concept revolves around using a principal downpayment and renting a basement to effectively live for free after factoring in the home equity.

Topics:

- Mortgages

- Downpayments

- Interest vs equity payments

- Renting an Apartment

- Pro tip about Canadian Mortgage and Home Corporation insurance (CMHC)

Timestamps:

 0:00 Intro 

0:50 Agenda Topics

 1:48 Finding a Listing 

3:22 CMHC Pro Tip 

4:42 Principal vs Interest  

7:12 Thank you