How to Protect Yourself From Inflation

Build Wealth Canada Podcast

Today I have one of, if not THE largest financial literacy educators in Canada on the show, and we’re going to go over some practical tips to deal with this horrific inflation that we’ve all been experiencing here in Canada.

These tips and education covered in the episode are of course, applicable right now as we go through this high inflation period. But, even if you end up listening to this episode years after it’s been launched, we made sure that they are still relevant and applicable long term as well.

You might have seen our first guest on Dragon’s Den, where literally all the dragons were bidding to partner with him. His name is Kevin Cochran and he is the founder of Enriched Academy, which is a company that teaches financial literacy, and does financial coaching for everyday Canadians like you and I. They are also now in many schools across Canada, teaching financial literacy as well.

Also from Enriched Academy, we have Arian Beyzaei back on the show. He’s one of our really popular past guests, and you might have seen him featured on Financial Post, Globe and Mail, and other news sources.

I’m really excited to get things going here as both Kevin, Arian, and myself are actually born in different generations so I thought it would be fun and insightful to have the 3 of us on, as that way you get a unique perspective, no matter which age group you fall into.

Free Tickets to the Canadian Financial Summit:

Before we get into the show, I wanted to invite you to join me, for free, at the Canadian Financial Summit this year. It’s a fully online educational event, you can stream all the talks for free, and it starts this October 12, 2022 (so only a few days away).

You can get free tickets to stream the talks for free over at: buildwealthcanada.ca/summit

We have over 35 speakers this year, there’s already over 20,000 Canadians registered for the event. We'll be covering investing, real estate, financial planning, early retirement, and much more.

We’ve got some really high-profile guests again this year including Brandon Beavis and Benjamin Felix who each run one of, if not the largest YouTube channels in Canada on investing. We have Rob Carrick from the Globe and Mail, many of the top writers from MoneySense and some of the largest Canadian personal finance bloggers and writers like Robb Engen, Mark seed, Ed Rempel, Jason Heath, and many, many more.

I hope to see you there! Here is the link again for the free tickets:

buildwealthcanada.ca/summit

Resources Mentioned:

The free assessment call mentioned on the episode is available here: buildwealthcanada.ca/call

The Ultimate Phone Script PDF is available for free download here: buildwealthcanada.ca/script

Questions Covered:

1. What is the dynamic of inflation and interest rates?
2. What is the right mindset for Canadians to help them through these challenging times without creating stress and harm to themselves?
3. What are some defensive financial strategies to help Canadians get through these times?
4. What are some financial strategies to help Canadians thrive during these challenging times ie. Investments?