If being in good financial health was as easy as having the right spreadsheet, we’d never have to worry about the next credit card bill or keeping up with a car loan. But life – and our own habits - seem to get in the way of our good financial intentions. This week, we wanted to find real solutions to living without debt and building wealth, which is why we are thrilled to share this conversation that Kevin, Sheena and Travis had with Author and Financial Coach, Erin Skye Kelly, about her own success story, how she’s helped people eliminate hefty debt burdens, and her fresh insights on how to “Get the Hell Out of Debt.”
3:20 – Hot in Money: The housing market is always changing, and Sheena, Travis and Kevin break down a recent adjustment to the mortgage stress test and how it might affect affording your next home.
6:00 – Expert examination:
· From MTV to Money Guru – how Erin developed her expertise to help people deal with financial obligations.
· The impact of the pandemic on people’s money habits.
· Why budget and net worth are critical to financial health.
· How to choose the right kind of budget for your lifestyle.
· Can you have 100% control over your money?
· Carrying credit - yay or nay?
· Why you should care about the total cost of borrowing over your loan interest rate.
· How to out everything “out in the open” during a debt conversation.
· (59:25) Erin’s "Get the Hell Out of Debt" program, book, and incredible early bird offer.
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If you have an undiagnosed financial concern or want to examine a financial subject, send Kevin, Sheena and Travis your question at email@example.com, and we will consider it for a future episode.
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Senior Wealth Advisor | Senior Investment Advisor
Island Savings Insurance Services | Credential Securities
Travis has been serving the financial needs of members in the Credit Union system since 2007 and is one of the most accredited financial advisors in Canada. He holds the globally recognized Charted Financial Analyst (CFA) designation, is a Certified Financial Planner, Canadian Investment Manager (CIM), Fellow of the Canadian Securities Institute (FSCI) and a Chartered Strategic Wealth Professional (CSWP).
Wealth Planning Specialist, Valley First
As an accredited Certified Financial Planner, a Registered Retirement Consultant and a Responsible Investment Specialist, Sheena's array of knowledge and experience means that no question goes unanswered and no opportunity ignored. For people who seek help with retirement, education, investment, and succession planning, Sheena is a natural person to have on their team.
Regional Manager, Business Banking, Envision Financial
When asked who has made the biggest impact in your life, does your financial advisor come to mind? If you've met Envision Financial’s Regional Manager of Business Banking, Kevin Lehman, he's likely one of your personal game-changers. After attending the University of the Fraser Valley, Kevin’s search for new opportunities led him to Envision Financial and it is here that his "seize the day" approach to life propelled him to complete the Canadian Investment Funds Course, receive his mutual fund license and lead a team of business banking advisors to help local companies thrive.