WealthSmarts

🌐 For detailed insights and tailored advice for your and your family's finances, make sure to check out our website: wealthsmart.ca 👍 If this content makes you interested in managing your finances, give us a like, share, and make sure you're subscribed to WealthSmart. For regular content make sure to follow us on social media! Facebook/Instagram/Threads: @wealthsmart

In Part 1 of the Wealth Builder Scorecard series, we delve into the importance of having a comprehensive financial plan. Richard and Matt discuss what constitutes an effective financial plan, outlining the six critical areas: financial management, insurance and risk management, investment planning, retirement planning, tax planning, and estate planning. They highlight the common pitfalls of thinking a mental plan suffices and stress the need for a methodological approach akin to solving a puzzle. They discuss the various stages people might find themselves in—from having no written plan to consistently seeking improvements—and the potential obstacles posed by incomplete or misleading financial advice. Tune in to gain insights into how a well-structured financial plan can streamline your path to wealth building.#personalfinancecanada #canadianeconomy #financialeducation #financialfreedom #financialliteracy 🎙️ Make sure to check out our podcast, WealthSmarts, wherever you find your podcasts. 🌐 For detailed insights and tailored advice for your and your family's finances, make sure to check out our website: wealthsmart.ca 👍 If this content makes you interested in managing your finances, give us a like, share, and make sure you're subscribed to WealthSmart. For regular content make sure to follow us on social media! Facebook/Instagram/Threads: @wealthsmart

Today, Richard & Matt from WealthSmart have something very exciting to introduce to you... The Wealth Builder Scorecard! This episode peels back the curtain on society's fascination with measurements and rankings, from the whimsical (which Disney princess are you?) to the practical (what's your fitness score?), setting the stage for a deeper exploration into personal growth and financial success. Discover the origins of the Wealth Builder Scorecard, inspired by renowned entrepreneur Dan Sullivan's Scorecard Mindset from Strategic Coach, and learn about the journey from a failure mindset to the pinnacle of transformative success. We break down the scorecard's four key stages, offering listeners insights on how to climb the ladder of wealth building by shifting from external to internal metrics of success. The conversation also highlights the pivotal strategic coach concept of the abundance vs. scarcity mindset and uncovers the four freedoms crucial for true wealth builders: time, relationships, purpose, and financial independence. This episode is not just a talk; it's a call to action to assess and elevate your wealth-building journey. Take the Wealth Builder Scorecard challenge on our website, benchmark your progress, and step into the mindset of abundance that defines the most successful wealth builders. Tune in, transform your approach to wealth, and redefine your personal success story. To find your Wealth Builder Score, head on over to our website and click on the Orange button: wealthsmart.ca

To get caught up on all things Personal Finance in Canada, make sure to subscribe to WealthSmarts and check out our previous episodes.

Richard and Matthew Vetter are Certified Independent Financial Planners in Vancouver, BC.

The WealthSmarts Podcast is Back! With the first episode of 2024, Richard & Matt announce their return in 2024 after a significant break. They describe several steps taken in the previous year for the firm to better assist clients in planning, building, and securing wealth. Key changes include new systems, hiring an associate advisor, and acquiring another advisory business. The aim for the revamped podcast is to deliver value and share financial education with clients and 'wealth builders.' Future content will also be influenced by audience feedback and periodically condensed in a relaunched WealthSmarts newsletter. Richard & Matt then provide a brief roadmap of topics for coming episodes, including goal setting, tax planning, retirement planning, debt management, etc. Make sure to check out our podcast, WealthSmarts, wherever you find your podcasts. For detailed insights and tailored advice for your and your family's finances, make sure to check out our website: wealthsmart.ca If this content makes you interested in managing your finances, give us a like, share, and make sure you're subscribed to WealthSmart. For regular content make sure to follow us on social media! Facebook/Instagram/Threads: @wealthsmart

In this week's episode of the WealthSmarts podcast we celebrate the contribution of businesses and non-profit organizations to our community in Richmond. In particular, we discuss how such organizations generate massive value in our society and too often fly under our radar.  

We will also be talking about the Richmond Chamber of Commerce Business Excellence Awards which has recognized the best of Richmond’s business community since 1977. Joining us is Shaena Furlong, President and CEO of The Richmond Chamber of Commerce who will share her insights on the many different ways that businesses and non-profits shine.

To nominate a business or non-profit organization that you feel deserves to be recognized, click here: https://www.richmondchamber.ca/business-excellence-awards/

Are you a wealth builder looking to get control of your personal finances? 

Join Richard and Matt in their new series focused on the challenges that wealth builders face today in building a comprehensive financial plan. Each episode of this series will go in-depth into each stage of a comprehensive financial plan for a wealth builder. We will cover financial management, tax planning, estate and legal planning, risk management, retirement planning and investment planning. No matter where you are an established or aspiring wealth builder, this series is the perfect starting place. 

Stay tuned for the Wealth Builder Series on the WealthSmarts podcast

Do you know the amount that you are paying for the financial advice you are receiving?

This can be challenging to determine if you are getting value out of the investment fees that you are paying - especially when you don't know how much you are paying or what value you should be receiving.

In this episode of the WealthSmarts Podcast, Richard and Matt go through their Value Fee Audit conversation to help Canadians understand the investment fees that they are paying, what should be included in a comprehensive financial plan, and how to calculate how much they are paying on a yearly basis.

Listen to this episode of the WealthSmarts Podcast wherever you find your podcasts!

So many people create a financial plan only to let it sit on the shelf and never make any progress toward the financial goals that matter to them.

This is frustrating because it may feel like all your hard work has gone to waste. You've done nothing to move closer to achieving your financial goals, leaving you in the same place as before. It's not your fault though, many financial plans can be overly complex and overwhelming.

In this episode of the WealthSmarts Podcast, Richard and Matt dive deeper into the things that prevent many Canadians from making their financial plan useful. They discuss using your financial plan to take actionable steps towards achieving your financial goals. Some of the topics discussed include; avoiding the overwhelm of financial plans, making sure your financial plan actually helps you achieve the goals that matter to you, when to update your financial plan and many others.

Listen to this episode of the WealthSmarts Podcast wherever you find your podcasts!

Do you want to learn more about charity but don’t know how or where to start?

In this episode of the WealthSmarts Podcast, Richard and Matt continue their conversation with Founder and CEO of Charitable Impact John Bromley. They discuss how Charitable Impact is helping to make charitable giving easier for everyone by addressing the frustrations and friction associated with being generous. They also talk about ways that donors can focus on causes they want to support with time, treasure and talent.

You will gain insight in empowering yourself as an intentional donor. This podcast will show you all the steps involved in making your donation journey easier so that you can focus on what matters most - supporting your favorite causes or charities!

Tune into this episode of WealthSmarts Podcast today. 

https://www.charitableimpact.com/

Are you looking for ways to make your charitable giving more meaningful?

Giving is connected deeply with our sense of purpose - it’s a natural way for us to start making changes in the world we want to see. Whether through our time, talent, or treasure, there are so many opportunities available to each one of us that can help bring meaning to our generosity.  

In this episode of the WealthSmarts podcast, Richard and Matt are joined by special guest John Bromley, CEO and founder of Charitable Impact. Charitable Impact has facilitated over 1 billion dollars of generosity through their community of donors. John shares with us how we can use our time, talent, and treasure to create a real impact to the causes that matter to us. There is an important emphasis on helping listeners make their own charitable impact more meaningful to them. 

Listen to part 1 of our interview with John Bromley.