Your House Is Not An Asset

In this episode, we jumped straight into a conversation that has been coming up constantly from your questions and DMs after our recent finance episodes together.

In this episode we're talking about:

• Why your home is a liability, not an asset — and what that actually means for your retirement

• The only real ways to access equity in your home (hint: none of them are as simple as people think)

• The 4% rule and why it's not as bulletproof as it sounds — especially when the market drops

• Why paying your mortgage weekly (not monthly) can save you thousands in interest over time

• The real cost of owning a home that most people never factor in — property taxes, maintenance, improvements, and yes, even perennials

• Why real estate investing isn't the passive income goldmine it once was

• The difference between building wealth as an employee vs. as a self-employed person

• Diversifying your portfolio beyond real estate — second mortgages, private equity, RRSPs, TFSAs

• Why your health and your wealth are completely interconnected — you cannot have one without the other

• The reality of senior care costs and why planning ahead (way ahead) matters more than you think

• What it looks like to actually get paid to learn about finances and help others — and why so many people from every walk of life are making the switch

Let's dive in!

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