Ask The Money Lady

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Aug 2024

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About the show

Ask The Money Lady with Host Christine Ibbotson, Your Canadian Finance Coach. Christine will be coming to you weekly with new Finance Tips, Tricks and Informative Money Topics you need to know. She will also answer questions from Saltwire Readers and keep you informed about all the latest news about Canadians and their money. Christine is a Canadian Finance Coach with over 25 years’ experience in banking and finance. She is a certified financial planner, chartered investment manager, insurance broker, estate and tax planner, mortgage lender and commercial broker. She has a degree in Economics and Finance from McMaster University and has written 4 Canadian Finance Books. Chris is a syndicated columnist in 360 newspapers across Canada and now has a radio show called Ask The Money Lady in Ontario, Manitoba, Alberta and BC. Find out more at www.askthemoneylady.ca or send your questions to info@askthemoneylady.ca

Listen to episodes

39 recent

August 26, 202411 min

Smart Saving on a Low Income: Strategies for Success

Are you struggling to save money with a low or inconsistent income?In our latest episode, Christine Ibbotson addresses this critical issue and offers actionable advice to help you improve your financial situation.Learn about the mental toll of financial stress, the importance of believing in your ability to earn more, and practical steps to break free from financial scarcity.Don't miss this empowering discussion. Listen now and take the first step towards financial empowerment!

August 23, 202411 min

Smart Estate Planning: Picking the Perfect Executor

Do you have a current will and powers of attorney? In our latest episode, Christine Ibbotson explains why these documents are essential and dives deep into the responsibilities of an executor. Learn why it's crucial to choose the right person to manage your estate, especially if you have children.Christine also discusses the legal and tax implications of having a non-resident executor and offers tips for those who may not have a suitable family member or friend. Don't miss out on this invaluable advice—listen now and make informed decisions for your future.

August 23, 202411 min

Smart Spending in Retirement: How to Plan for the Honeymoon Phase

Are you ready to retire? Before you embark on this exciting new chapter, make sure you're financially prepared. In our latest episode, we explore the honeymoon phase of retirement and share essential tips to avoid falling into debt. Learn about the importance of planning, budgeting, and setting up a collateral charge on your home.Plus, discover strategies for managing your finances during retirement to ensure lasting financial security. Don't miss out on this invaluable advice—listen now and pave the way for a worry-free retirement!

August 20, 202411 min

Financial Independence: Achieving Your Dreams with Smart Planning

Are you ready to take control of your financial future? In the latest episode of our podcast, Christine Ibbotson shares invaluable tips on achieving financial independence. From debt consolidation to finding the right financial advisor, and the power of self-belief, this episode is packed with actionable advice that you won't want to miss. Tune in now and start your journey towards financial success today!

August 12, 202410 min

The Real Cost of Retirement: Planning Your Finances for Early Exit

Thinking about retiring this year? Christine Ibbotson breaks down the must-know tips for a secure and comfortable retirement. Find out how much money you really need and why being debt-free is crucial. Listen now and plan your future!

August 9, 202410 min

Interest Rates and Bonds: Clarifying Common Misconceptions

Are you confused about how interest rates impact your bonds and stocks? You're not alone! In our latest episode, Christine Ibbotson answers a listener's question and breaks down the complexities of the bond market.Discover the inverse relationship between interest rates and bond values, and learn valuable strategies like the Rule of 72 to help you make informed investment decisions. Don't miss out on these insights—listen now and take control of your financial future!

August 8, 202411 min

Mastering First Impressions: The Financial Impact of Judging Character

How well do you judge character? In our latest episode, Christine Ibbotson explains why this skill is crucial for career success and personal growth.Discover how to improve your social interactions, build a strong reputation, and increase your self-confidence.#CharacterJudgment #CareerAdvice #SelfEsteem

August 7, 202411 min

Fixed vs. Variable Mortgages: Making the Right Choice in a High-Rate Environment

Are you confused about whether to lock into a fixed mortgage rate or stick with a variable one? 🤔Christine Ibbotson has the answers in our latest episode!Learn about your options for dealing with high interest rates, consolidating debt, and more.Listen now and make informed financial decisions!#MortgageRates #FinancialAdvice #HomeBuying

July 18, 202411 min

Maximize Your Savings: Understanding RRSP and TFSA

In this episode of Ask The Money Lady, Christine Ibbotson addresses a question from Nick, a new Canadian resident on an IEC visa, about the best way to navigate RRSP and TFSA contributions. With an annual income of $64,000, Nick is eager to save for future travel while also investing in a retirement account. Christine delves into the eligibility requirements for RRSPs and TFSAs, and offers practical advice on which savings product to choose based on your age and financial situation. She also highlights the importance of strategic RRSP contributions and the potential tax implications of large RRSP balances. Whether you're new to Canada or simply looking to optimize your savings strategy, this episode is packed with valuable insights to help you make informed financial decisions.

July 3, 202411 min

Financial Lifeline or Trap? Understanding Reverse Mortgages

In our latest episode, Christine Ibbotson tackles the complex topic of reverse mortgages. Are they a good option for seniors looking to stay in their homes? Christine breaks down the pros and cons, shares real-life stories, and offers expert advice to help you make an informed decision. Whether you're considering a reverse mortgage yourself or want to understand more about this financial product, this episode is a must-listen. Tune in now to get all the details and make the best choice for your financial future.