The Modern Cents Podcast Andrea Thompson

Renting vs. buying a home is a complex decision that is influenced by various factors, including financial considerations, cultural values, and personal preferences. Renting should not be stigmatized or seen as a negative financial decision, as it can provide flexibility and stability. The decision to rent or buy should be based on individual values and goals, rather than societal expectations.

Andrea interviews clients Vicki and Tom, lifelong renters, who have unique perspectives to share on their experiences with housing and their choice to continue to rent versus the societal norm of buying a home.


#renting #rentvsbuy #homeownership #canadianrealestate #realestate #homes

Elias Ben Khalifa, a seasoned real estate broker, shares his personal story of resilience and redemption in the face of financial ruin. He discusses his early experiences as a realtor, the challenges he faced, and the importance of consumer education in navigating complex financial decisions. Elias joined a multi-discipline organization and was promised a career path towards partnership, but the company eventually faced financial mismanagement and legal issues.

Elias also discusses his personal experience of being financially devastated and the impact it had on his personal life and relationships. He shares how he eventually found support and mentorship to rebuild his life and shares his personal journey of overcoming financial struggles and finding success in the real estate industry. He discusses the challenges he faced, including a failed business venture and a period of self-doubt and depression.

Through the support of his mentors and his wife, Elias was able to rebuild his confidence and excel in his career. He emphasizes the importance of honesty, asking questions, and seeking advice when making financial decisions. Elias also highlights the potential of private mortgage investments and the need for due diligence and independent advice.

On today's podcast, Justine Kelly shares her journey in the financial industry and her transition to advice-only planning. She emphasizes the importance of putting the human side into financial planning and providing unbiased advice. Justine and Andrea discuss the challenges of evaluating the value of advice-only planning and the need for clear communication between clients and planners. They also share success stories that highlight the impact of holistic financial planning on clients' lives. Justine encourages anyone, regardless of their financial situation, to seek financial planning services.



Chapters

00:00 Introduction and Background

08:02 Choosing a Career in Financial Planning

14:11 Understanding Advice-Only Planning

22:06 Success Story: Early Retirement Planning

26:08 Success Story: Providing Support in Grief

31:04 Challenges in the Banking Industry

36:43 Evaluating Financial Planners

40:11 Financial Planning for Everyone





#financialplanner #financialplanning #adviceonlyplanning #values #goals

Andrea Thompson interviews Skyler from Ascend Crypto to discuss all things cryptocurrency and digital assets. They explore the basics of cryptocurrency, the economic purpose of blockchain, and the difference between cryptocurrency and digital assets. They also delve into the concept of tokenization and how traditional assets like stocks and real estate can be represented on the blockchain. The conversation highlights the importance of following the money and understanding the partnerships and use cases of different crypto projects.



Ascend Crypto website

10% Discount code for crypto courses: moderncents10



#cryptocurrency #digitalassets #blockchain #bitcoin #ethereum #nft


Legal Disclaimer


The contents of this podcast, including any insights or discussions, are provided for educational and informational purposes only and should not be considered as legal, tax, investment, or professional advice. The audience of this podcast is advised to seek specific advice from qualified professionals such as lawyers, accountants, or other relevant experts before making any decisions based on the content herein. We do not guarantee the accuracy, completeness, or reliability of any information presented in this podcast.

The information shared in this podcast is current as of the date of recording but may not always be accurate, timely, or suitable for every situation. Listeners are encouraged to review and update their understanding regularly to ensure accuracy, as even small discrepancies could significantly impact the applicability of the insights provided.

Any projections or hypothetical scenarios discussed in this podcast are based on certain assumptions, many of which may be beyond our control or scope. These projections are for illustrative purposes only and do not guarantee actual results. Rates of return mentioned in projections are not reflective of real returns and do not provide any assurance of future performance.