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Are you looking for more news and insights into managing money and strategies for getting rid of debt? Check out the Moolala: Money Made Simple podcast featuring Bruce Sellery—the CEO of Credit Canada!
In the podcast, Bruce speaks with numerous financial luminaries on a variety of money topics such as debt management, mortgages, budgeting, shrinkflation, and more to help listeners learn how they can take control of their finances and get (and stay) out of debt.
When you come to Canada as a newcomer, you have to deal with a variety of things. Getting a job, renting an apartment, buying a car, and the list goes on. To add to these is learning about the financial landscape of the new country you have immigrated to. On this week's Moolala: Money Made Simple podcast epsiode, Credit Canada CEO and host Bruce Sellery talks to Carolina and Juan of MundoTogether about the importance of learning and implementing the knowledge of credit and how difficult it is to start from scratch as a new immigrant.
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When you come to Canada as a newcomer, you have to deal with a variety of things. Getting a job, renting an apartment, buying a car, and the list goes on. To add to these is learning about the financial landscape of the new country you have immigrated to. On this week's Moolala: Money Made Simple podcast epsiode, Credit Canada CEO and host Bruce Sellery talks to Carolina and Juan of MundoTogether about the importance of learning and implementing the knowledge of credit and how difficult it is to start from scratch as a new immigrant.
Many different groups of people face challenges when it comes to their money. It’s no different for newcomers when they first come to Canada. There are a number of financial barriers they have to navigate as well. In this week's Moolala: Money Made Simple podcast episode, Credit Canada CEO and host Bruce Sellery talks to Tonie Chaltas, CEO of Achēv about the financial barriers newcomers face when they first arrive in Canada, what challenges they face when it comes to finding a job and, what Achev is doing to help newcomers to Canada.
Financial literacy is important for everyone. But it's particularly important for newcomers to Canada, as they face additional challenges that make it harder for them to navigate the financial landscape of Canada. On this week's episode of Moolala: Money Made Simple, Credit Canada CEO and host Bruce Sellery talks to Jason Mullins, President and CEO of goeasy about the challenges experienced by newcomers and the advice he would give to newcomers beginning their credit journey.
One of the most popular budgeting strategies out there is the 50/30/20 rule. This strategy talks about saving for your immediate needs, saving for things you want, and also saving for your future. In this week's episode of Moolala: Money Made Simple, Credit Canada CEO and host Bruce Sellery talks to Jordann Kaye, personal finance writer, about how the 50/30/20 rule works, how to recognize the difference between a need and a want, and who can benefit from this strategy.
The best thing about free personal finance courses is that they're accessible to anyone with an internet connection. No matter where you are in life, you can enhance your financial literacy without breaking the bank. On this week's Moolala: Money Made Simple podcast episode, host and Credit Canada CEO Bruce Sellery talks to Lisa Hannam, executive editor at MoneySense.ca about the benefits of taking a personal finance course, who should consider taking a course, the best overall free personal finance course available in Canada, and more.
Maybe you made a financial decision based on what someone else did and it backfired. Or, you may not invest your money at all in fear of loss. These are just some examples of financial behaviours that may be holding you back from success. In this week's episode of Moolala: Money Made Simple, Credit Canada CEO and host Bruce Sellery talks to money expert Jessica Moorhouse about financial behaviours that are holding Canadians back from financial success.
Starting a new life in Canada comes with its share of challenges, and one of the trickiest ones is navigating the world of credit. From building a credit history from scratch to understanding the nuances of the Canadian credit system, it's a journey full of ups and downs. One challenge specific to that area of financial life is accessing the necessary credit history in order to get access to certain financial services. Nova Credit is a credit bureau that aims to address that challenge. In this week's episode of Moolala: Money Made Simple, host Bruce Sellery talks to the CEO and Founder of Nova Credit Misha Esipov about what the credit bureau is doing to help newcomers to Canada access credit history.
Have you heard of the TikTok trend "Girl Math"? It’s one of the more recent personal finance trends on the app where people justify certain spending habits. And, although it’s a fun light-hearted way to talk about money, some experts have concerns about the term. On this week's episode of Moolala: Money Made Simple podcast, Credit Canada CEO and host Bruce Sellery talks to the Math Guru and author of Math Hacks Vanessa Vakharia on her take on this trend and why talking about personal finance is important.
As a parent nowadays, you are left wondering if you should give allowance in a traditional cash allowance or pay in virtual currency instead. And, if you choose the latter, how do you ensure your kids are still learning the value of money? In Moolala's Best Of: Kids and Money series, Credit Canada CEO and Moolala podcast host Bruce Sellery talks to Karen Holland, founder of Gifting Sense, for her take on digital currency as allowance for kids.
In Canada, systemic issues exist that prevent some Canadians from filing their taxes, which could lead to them on missing out on key benefits and tax credits. In Moolala's Best Of: All About Taxes series, Credit Canada CEO and Moolala podcast host Bruce Sellery talks to Canada’s taxpayers’ Ombudsperson, François Boileau about what you need to know when it comes to your rights as a taxpayer.
As a millennial, saving for a down payment for a house or for retirement in these times of rising costs may seem daunting. In fact, Mercer’s Wealth Business' Retirement Readiness Barometer found that millennials who rent instead of owning their own home will have to save more for retirement. But there are actions you can take to counter that. In Moolala's Best Of Retirement series, Credit Canada CEO and Moolala podcast host Bruce Sellery talks to Jillian Kennedy about what millennials can do to secure their future.
There are hundreds and hundreds of thousands of newcomers to Canada every year. Among the many challenges they face in finding their way here, is how to navigate the financial system, often in a new language. On this week's Moolala: Money Made Simple podcast episode, we hosted two roundtable discussions to illuminate the challenges that newcomers often face when it comes to personal finance, and some of the best practices to address those challenges.
If you are in debt and you feel like you've hit a dead end, just know that there is always a way to get out of debt. While there are different ways to approach this, one of the methods you can use is a Consumer Proposal. On this week's Moolala: Money Made Simple podcast episode, host Bruce Sellery talks to Adam Fisher, a partner at the LIT firm Harris & Partners about what a consumer proposal entails and if it's the right choice for you based on your circumstances.
Have you ever wondered what would happen if you don't pay your credit card balance? What if you miss a payment... or two... or three? When you’re struggling to make ends meet, it’s all too easy to lean on credit cards to cover your immediate expenses. But you have to repay your credit card purchases eventually. In this week's Moolala: Money Made Simple episode, host Bruce Sellery talks to Credit Canada's Certified Credit Counsellor Doris Asiedu about the consequences of not paying your credit card bills and the steps you can take to pay off those balances.
Navigating through the world after losing your job can be scary. Adjusting to a reduced income is one of the biggest challenges when you’re in between jobs. The sooner you take action to re-evaluate your finances, the more secure you’ll be with your money. In this week's episode of Moolala: Money Made Simple, host Bruce Sellery talks to Credit Canada's Certified Credit Counsellor Randolph Taylor about the best way to navigate money when you are laid off from your job.
Have you ever wondered whether a loved one's debt will fall onto you when they pass away? In this week's episode of Moolala: Money Made Simple, host Bruce Sellery sits down with Credit Canada's Becky Western-Macfadyen to discuss the intricacies of where debt goes after one passes away, as well as how to prepare your finances for your own passing.
How can someone be a victim of financial fraud when they are in the room when it happens? In this week's episode of Moolala: Money Made Simple, host Bruce Sellery sits down with President of Equifax Canada Sue Hutchison to discuss what coerced debt is, why human trafficking victims are especially susceptible to it, and what proposed provincial legislation Equifax Canada is supporting to protect those who have experienced it. If you or someone you know is experiencing human trafficking, call the Canadian Human Trafficking Hotline: 1-833-900-1010. It's confidential, toll-free, and open 24/7.
What are the advantages of providing financial literacy resources to your employees? According to Certified Finacial Planner Steve Bridge, the benefits are twofold. Not only does financial literacy help the employee, but it has positive knock-on effects on organizational productivity as well! Hear more about the nuances of financial literacy in the workplace on this week's episode of Moolala: Money Made Simple, hosted by Bruce Sellery.
Did you know that people with lower income often face disadvantages at the bank? On this week's episode of Moolala: Money Made Simple. host Bruce Sellery speaks with the CEO of Prosper Canada Liz Mulholland, about the different obstacles people with lower income face when they walk into their bank, including discrimination, lack of tailored support, and the complicated processes of benefits.
When it comes to personal finances, being single can have its advantages... and disadvantages. In this week's episode of Moolala: Money Made Simple hosted by Bruce Sellery, hear author Julie Shipley-Strickland discuss how to navigate singlehood and finances, including options on how to pass wealth on after death, unconventional living situations to build community, retirement calculations of one income and more!
Private mortgages aren't for everyone, but they can be beneficial in certain situations. For example, according to co-founder of Tribe Financial Group, Frances Hinojosa, if you need a short-term mortgage solution due to unforeseen life events, private mortgages could be your best option.
A lot of people gamble, but how do you know if your gambling has become a problem? Well, according to Credit Canada's certified counsellor Mike Bergeron, warning signs might look like not knowing when to stop, not using safe gambling habits, feelings of depression and/or remorse and lying about how much has been lost. If any of these signs sound familiar to you, it may be time to seek help. Learn more about gambling addiction and where to get help.
You should NEVER skip out on paying taxes on your side hustle! Why? Well, not only can you (1) face fines and criminal charges, but you also (2) might lose out on benefits and deductions that you're eligible for! Learn about these reasons and more on why you should ALWAYS pay taxes on your side hustle with Yannick Lemay from HR Block on this week's episode of Moolala, hosted by Bruce Sellery.
Have you ever been a victim of fraud? If so, you're not alone! Fraudsters are creative in their methods, but you can outsmart them with knowledge and awareness.Credit Canada CEO Bruce Sellery and Senior Compliance Office at Equifax Canada, Julie Kuzmic, discuss what we ALL should be doing to protect ourselves against fraud, including regularly checking your credit report!
Say goodbye to debt and hello to financial freedom! Lisa Samalonis shares her secrets on how she used a 'credit card fast' to take charge of her finances. What is a 'credit card fast', you might ask? Well, it's when you temporarily give up EVERY SINGLE CREDIT CARD. But why would someone choose this method, and how can it transform your finances?
Do you want your kids to be interested in financial literacy, but aren't sure where to start? On the latest Moolala episode, Paige Cornetet, author of My Dad’s Class: An Intentional Structure For Teaching Your Kids About Money and Life talks to Credit Canada CEO Bruce Sellery about different fun and engaging activities you can do with your kids to get them interested in learning about finances, including a weekly 'family bank'.
Everyone’s tap tap tapping in today’s nearly cashless society! What does this mean for our kids? Author Robin Taub addresses financial literacy for the whole family in her book “The Wisest Investment”. In her interview with Credit Canada CEO Bruce Sellery, she covers: ~The most popular family finance apps in Canada (Mydoh from RBC, Walo, iAllowance and Treasure Financial) ~Youth bank accounts and debit cards ~Needs vs wants ~Monitoring and savingLearn how to navigate the world of finance with your kids.
Bruce is on a mission to help you get a handle on your money so you can live the life you want. He is high energy and low B.S.
He knows personal finance.
Bruce Sellery is a personal finance expert and the CEO of Credit Canada, the longest-standing non-profit credit counselling agency in the country. He appears regularly on Cityline and Breakfast Television, has a national money column for CBC Radio, hosts a radio show on SiriusXM, and speaks at events from coast to coast. He is also the author of the Globe & Mail bestseller, “Moolala: Why smart people do dumb things with money (and what you can do about it).”
Bruce is passionate about helping people get out of debt and back into life. If you need support managing your debt, take the first step by calling to speak to one of our non-profit credit counsellor. It’s completely confidential, non-judgmental and 100% free!