Millennial Money Canada

Ep.003: Navigating the Mortgage Landscape in Canada with Matthew Shantz

Summary
In this episode of the Millennial Money Canada podcast, hosts Guillaume Girard and Sam Lichtman welcome mortgage broker Matthew Shantz to discuss the current mortgage landscape in Canada. They explore various topics, including the importance of financial literacy, the impact of interest rates on the housing market, and strategies for self-employed individuals seeking mortgages. Matthew shares insights on reverse mortgages and the benefits of multi-generational living, emphasizing the need for proactive financial planning. The conversation highlights the importance of understanding mortgage insurance and preparing for upcoming mortgage renewals, providing listeners with valuable information to navigate their financial futures.
 
🎥 Content of this video
00:00 Introduction to Millennial Money Canada Podcast
03:26 Business Growth Strategies and Client Engagement
08:08 Podcasting Journey and Personal Development
08:50 Introduction and Meeting Sam
10:43 Building a Successful Team
13:51 Recent Changes in the Mortgage Space
19:07 Understanding Mortgage Regulations and Market Dynamics
24:17 Interest Rates and Their Impact
30:56 The Mortgage Renewal Cliff
36:25 Tactics of Major Players in the Mortgage Market
44:53 Navigating Renewal Options
47:21 Understanding Self-Employed Income
55:15 Exploring Reverse Mortgages
01:07:36 Innovative Housing Solutions for Retirement
 
🤝 Work with Matthew and his TeamWebsite: https://matthewshantz.com/LinkedIn: https://www.linkedin.com/in/matthew-shantz/Instagram: https://www.instagram.com/the_matthewshantz/
🤝 Work with Millen Wealth Advisors🌐 Book an intro meeting today 👉 mwadvisors.ca
📚 Online CourseSelf-paced tax & investing course tailored for business owners 👉 courses.mwadvisors.ca
🔗 Connect & Follow Us for InsightsPodcast YouTube Channel: Millennial Money Canada PodcastTikTok: Millennial Money CanadaInstagram: @financialplannerguiGuillaume on LinkedIn: Guillaume Girard, CFA, CMT, CFPSam on LinkedIn: Sam Lichtman
Keywords
Millennial Money, financial planning, mortgage landscape, real estate investment, interest rates, mortgage insurance, self-employed mortgages, reverse mortgages, multi-generational living, financial literacy

Ep.002: Millennial Housing Crisis - Is a home worth it?

Summary
In this episode of the Millennial Money Canada podcast, hosts Guillaume Girard and Sam Lichtman discuss the evolving landscape of financial planning and real estate investment from the perspective of millennials. 
They share insights on their business journey with Millen Wealth Advisors, the challenges millennials face in the current real estate market, and the importance of financial literacy. The conversation highlights the disparity between income growth and rising real estate prices and the necessity for millennials to adapt their wealth-building strategies. In this conversation, Guillaume Girard and Sam Lichtman explore the complexities of homeownership versus renting, emphasizing both financial and non-financial aspects. 
They discuss the true costs associated with owning a home, the value of real estate, and the potential for wealth building through different asset classes. The conversation also highlights various tools available for first-time homebuyers in Canada, ultimately encouraging listeners to consider their personal preferences and financial situations when making housing decisions.
 
Chapters
00:00 Introduction to Millennial Money Canada Podcast
01:00 Business Overview of Millen Wealth Advisors
10:14 The Evolution of Financial Planning
17:55 Transitioning to Real Estate Discussion
18:23 Traditional Views on Real Estate
20:43 Current Real Estate Market Analysis
24:55 Income Disparity and Real Estate Affordability
27:43 Personal Perspectives on Real Estate Investment
28:12 The Non-Financial Aspects of Homeownership
31:08 Understanding Real Estate Value: Land vs. Building
34:36 The True Costs of Homeownership
37:48 Real Estate vs. Stock Market: A Wealth Comparison
50:25 Tools for First-Time Homebuyers
54:53 Key Takeaways and Closing Remarks
🤝 Work with Us🌐 Book an intro meeting today 👉 mwadvisors.ca📚 Self-paced tax & investing course tailored for business owners 👉 courses.mwadvisors.ca
 
🔗 Connect & Follow Us for InsightsPodcast YouTube Channel: Millennial Money Canada PodcastTikTok: Millennial Money CanadaInstagram: @financialplannerguiGuillaume on LinkedIn: Guillaume Girard, CFA, CMT, CFPSam on LinkedIn: Sam Lichtman
 
🌱Facebook Group
Entrepreneurs for Financial Independence: https://www.facebook.com/share/g/18CPZG62qA/
 
Keywords
Navigating Real Estate as Millennials
The Millennial Money Journey
Understanding Real Estate Investment Today
Financial Planning for the Next Generation
The Real Estate Dilemma for Millennials

Ep.001: Creating a Millennial Finance Firm

Summary
In this episode of the Millennial Money Canada podcast, hosts Guillaume Girard and Sam Lichtman introduce their mission to elevate financial literacy among millennials. They discuss the importance of authenticity in financial planning, the unique challenges faced by millennials, and the customized approach to financial planning that they advocate. The hosts also share their personal journeys into finance, highlighting the lessons learned along the way and the value of empowering listeners with actionable insights. In this conversation, Sam Lichtman shares his journey from struggling with financial literacy and credit card debt to becoming a financial advisor dedicated to helping others avoid similar pitfalls. He discusses the importance of financial education, the impact of social media in reaching millennials, and the significance of building authentic connections through content. The conversation also touches on personal fitness goals and the broader implications of improving financial literacy in society.
 
Chapters
00:00 Introduction to Millennial Money Canada Podcast
02:05 Mission and Purpose of the Podcast
05:57 Understanding Financial Planning
10:03 The Show Format and Expectations
14:56 Personal Journeys in Finance
27:32 Navigating Financial Literacy and Debt Stress
30:23 The Journey to Financial Advising
33:18 Harnessing the Power of Short-Form Content
39:31 Building Authentic Connections Through Content
43:34 The Broader Impact of Financial Literacy
44:46 Personal Fitness Goals and Growth
 
🤝 Work with Us🌐 Book an intro meeting today 👉 mwadvisors.ca📚 Self-paced tax & investing course tailored for business owners 👉 courses.mwadvisors.ca
 
🔗 Connect & Follow Us for InsightsPodcast YouTube Channel: Millennial Money Canada PodcastTikTok: Millennial Money CanadaInstagram: @financialplannerguiGuillaume on LinkedIn: Guillaume Girard, CFA, CMT, CFPSam on LinkedIn: Sam Lichtman
 
Keywords
financial literacy, millennial finance, financial planning, wealth management, personal finance, financial strategies, financial empowerment, financial education, financial wellness, financial advisors, financial literacy, debt management, financial advising, social media, TikTok, content creation, personal finance, fitness goals, financial planning,