WealthBeing

How much money could you save – or earn – this year by asking a few questions? This week, Derrick and Travis invited Don Presley, Senior Manager of Special Accounts at First West Credit Union, to talk about how and when to flex your negotiating skills. Find out how to have even more control over your finances with these tips. 

1:20 Money Problem: Travis recounts a time when a couple was presented with a negotiation scenario that would win or lose them their dream home. 

3:00 Expert Examination: Travis, Derrick and Don reveal simple strategies that will help you navigate a negotiation: 

• Is negotiating a special talent? 
• What stops many people from negotiating. 
• Using conversation to improve your results. 
• Setting the right expectations for your negotiation. 
• Things to do before your negotiation begins. 
• Questions, methods, and the mindset that can improve your negotiating success. 

23:10 Weekly Financial Fix: During the January shopping lull, Travis encourages you to start building a negotiating habit. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode. 

How much money could you save – or earn – this year by asking a few questions? This week, Derrick and Travis invited Don Presley, Senior Manager of Special Accounts at First West Credit Union, to talk about how and when to flex your negotiating skills. Find out how to have even more control over your finances with these tips. 

1:20 Money Problem: Travis recounts a time when a couple was presented with a negotiation scenario that would win or lose them their dream home. 

3:00 Expert Examination: Travis, Derrick and Don reveal simple strategies that will help you navigate a negotiation: 

• Is negotiating a special talent? 
• What stops many people from negotiating. 
• Using conversation to improve your results. 
• Setting the right expectations for your negotiation. 
• Things to do before your negotiation begins. 
• Questions, methods, and the mindset that can improve your negotiating success. 

23:10 Weekly Financial Fix: During the January shopping lull, Travis encourages you to start building a negotiating habit. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode. 

We’ve all felt some money stress about affording an expense or saving for a goal, but the ties between financial and mental health run even deeper than these obvious needs. This week, Derrick and Travis are talking with Kabir Bhagaria, Manager of Employee Health and Safety at First West Credit Union, about how your mind creates behaviours and responds to influences that ultimately shape your financial wellbeing. 

1:40 Money Problem: Travis’ client never really mastered the art of budgeting, so when a big inheritance came along, they had an opportunity to change their outlook on financial management. 

4:00 Expert Examination: Travis, Derrick and Kabir get into the way the way you think affects your pocketbook – and vice versa: 

• The impact of financial concerns on happiness. 
• Signs that money is affecting your mental health. 
• Fallout from financial stress. 
• Creating conditions to make good financial decisions. 
• What to do when other people’s money problems affect your mental health. 
• Recognizing and managing mental triggers that affect your financial actions. 

23:00 Weekly Financial Fix: 2021 can be the year you worry less about money with Travis’ simple financial task. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode. 

We’ve all felt some money stress about affording an expense or saving for a goal, but the ties between financial and mental health run even deeper than these obvious needs. This week, Derrick and Travis are talking with Kabir Bhagaria, Manager of Employee Health and Safety at First West Credit Union, about how your mind creates behaviours and responds to influences that ultimately shape your financial wellbeing. 

1:40 Money Problem: Travis’ client never really mastered the art of budgeting, so when a big inheritance came along, they had an opportunity to change their outlook on financial management. 

4:00 Expert Examination: Travis, Derrick and Kabir get into the way the way you think affects your pocketbook – and vice versa: 

• The impact of financial concerns on happiness. 
• Signs that money is affecting your mental health. 
• Fallout from financial stress. 
• Creating conditions to make good financial decisions. 
• What to do when other people’s money problems affect your mental health. 
• Recognizing and managing mental triggers that affect your financial actions. 

23:00 Weekly Financial Fix: 2021 can be the year you worry less about money with Travis’ simple financial task. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode. 

With so many ways to manage your money, it’s can be hard to know which advice is best. This week, Derrick and Travis talk with Island Savings’ Branch Manager, Barb Fabian, about figuring out which financial habits and practices will help you stay on track.  

1:25 Money Problem: A client of Derrick’s had a tried-and-true financial rule that was keeping him from building his wealth for retirement. 

3:30 Expert Examination: Travis, Derrick and Barb discuss the value of setting financial rules and how to define your own: 

• What a financial rule can help you accomplish. 
• How to know when you need a financial rule. 
• Financial rules that work for many people. 
• Choosing financial rules for yourself. 
• Financial rules for families to consider. 
• When to change a financial rule. 

23:35 Weekly Financial Fix: Travis has a task that will help you identify financial rules that are failing you – and replace them with something that works. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode. 

With so many ways to manage your money, it’s can be hard to know which advice is best. This week, Derrick and Travis talk with Island Savings’ Branch Manager, Barb Fabian, about figuring out which financial habits and practices will help you stay on track.  

1:25 Money Problem: A client of Derrick’s had a tried-and-true financial rule that was keeping him from building his wealth for retirement. 

3:30 Expert Examination: Travis, Derrick and Barb discuss the value of setting financial rules and how to define your own: 

• What a financial rule can help you accomplish. 
• How to know when you need a financial rule. 
• Financial rules that work for many people. 
• Choosing financial rules for yourself. 
• Financial rules for families to consider. 
• When to change a financial rule. 

23:35 Weekly Financial Fix: Travis has a task that will help you identify financial rules that are failing you – and replace them with something that works. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode. 

It’s not unusual to forget to pay a bill, or overspend once or twice, but there are certain financial mistakes that could worsen your financial health. This week, Derrick and Travis are talking with one of Island Savings’ most experienced financial experts, Brad Lesiuk, about how to avoid or escape making a costly financial mistake.  

1:25 Money Problem: When Derrick worked in England, he was faced with the challenge of helping a client clear up a financial mistake and reunite a family. 

4:10 Expert Examination: Travis, Derrick and Brad unearth the most common financial mistake and how you can avoid them: 

• The difference between minor errors and significant mistakes. 
• A common oversight of homeowners. 
• The fall-out from divorce. 
• Investing in the time-share dream. 
• Many ways that relocating impacts your financial plan. 
• How thinking you’re invincible is a financial threat. 
• What to do if you’ve made a financial mistake. 

23:15 Weekly Financial Fix: the holidays are a great time to reset your financial thinking, and Travis challenges you to ponder some useful financial questions. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode. 

It’s not unusual to forget to pay a bill, or overspend once or twice, but there are certain financial mistakes that could worsen your financial health. This week, Derrick and Travis are talking with one of Island Savings’ most experienced financial experts, Brad Lesiuk, about how to avoid or escape making a costly financial mistake.  

1:25 Money Problem: When Derrick worked in England, he was faced with the challenge of helping a client clear up a financial mistake and reunite a family. 

4:10 Expert Examination: Travis, Derrick and Brad unearth the most common financial mistake and how you can avoid them: 

• The difference between minor errors and significant mistakes. 
• A common oversight of homeowners. 
• The fall-out from divorce. 
• Investing in the time-share dream. 
• Many ways that relocating impacts your financial plan. 
• How thinking you’re invincible is a financial threat. 
• What to do if you’ve made a financial mistake. 

23:15 Weekly Financial Fix: the holidays are a great time to reset your financial thinking, and Travis challenges you to ponder some useful financial questions. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode. 

If you find yourself feeling financial pressure during – or following – the holiday season, Derrick and Travis want to help you identify where your spending is leading to stress. This week’s tips will help you feel merry about how you spend your money.  

1:45 Money Problem: Derrick met a member whose was haunted by the ghost of holiday spending stress. 

2:40 Expert Examination: Travis and Derrick aren’t immune to holiday spending traps – but they have learned how to recognize and manage their money, leading to a happier New Year: 

• Holiday traps that you’ll encounter before you even start shopping. 
• How to decide an amount to budget for the holidays. 
• Why equivalent gift-giving can blow your budget. 
• Online shopping traps. 
• Deal or no-good deal? How to identify traps that will encourage you to spend too much. 
• Dealing with gift-giving expectations. 

23:30 Weekly Financial Fix: With a pen and paper, you can follow Travis’ task to identify the holiday spending traps that are most likely to catch you – and plan to avoid them this year. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode. 

If you find yourself feeling financial pressure during – or following – the holiday season, Derrick and Travis want to help you identify where your spending is leading to stress. This week’s tips will help you feel merry about how you spend your money.  

1:45 Money Problem: Derrick met a member whose was haunted by the ghost of holiday spending stress. 

2:40 Expert Examination: Travis and Derrick aren’t immune to holiday spending traps – but they have learned how to recognize and manage their money, leading to a happier New Year: 

• Holiday traps that you’ll encounter before you even start shopping. 
• How to decide an amount to budget for the holidays. 
• Why equivalent gift-giving can blow your budget. 
• Online shopping traps. 
• Deal or no-good deal? How to identify traps that will encourage you to spend too much. 
• Dealing with gift-giving expectations. 

23:30 Weekly Financial Fix: With a pen and paper, you can follow Travis’ task to identify the holiday spending traps that are most likely to catch you – and plan to avoid them this year. 

If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrick your question at islandsavings.ca/wealthbeing, or at [email protected], and we will consider it for a future episode.