The Personal Finance Show
Summary: The Personal Finance Show with Beau Humphreys https://investwisely.ca The Personal Finance Show is for Canadians looking to organize and simplify their personal finances. Host, Beau Humphreys, explores topics such as: FinTech, Financial Literacy, Financial Independence vs. Traditional Retirement, Banking, Investing, Debt, Savings, Spending, Dividends, Addiction, Mortgages, and Work-Life Balance.
“Relationship builds trust, trust builds credibility, credibility builds influence. There are no shortcuts to that. There’s no app for that.” Todd Bender, Founder, CityKidz (https://citykidz.ca/) Two weeks ago I got an email from J. Money and the team from Rockstar Finance. They had $100 to give to the first 20 personal finance bloggers to respond to the email, with the condition that the $100 would be used to give back locally and do some good. The Rockstar Finance Community Fund is an amazing initiative that helps people do good in their community. (http://rockstarfinance.com/community-fund/) Rockstar Finance has many personal finance bloggers on their list, so even though I thought I responded quickly, more than 100 others responded before me. I didn’t get the $100. But then I thought: I like this idea. And: I have $100 of my own! So I started looking for a local charity as I am a new Hamiltonian and didn’t already have one in mind. Google led me to CityKidz CITYKIDZ CityKidz has a Gift of Christmas campaign, where you can buy toys and drop them off at a Canadian Tire or local police station. Then I started reading more about CityKidz and realized there was much more to them than I thought. Todd Bender founded CityKidz over 20 years ago and it has become a huge organization in Hamilton with branches in Ottawa and Regina. I decided I would visit the CityKidz headquarters, bring the toys I bought, get a tax receipt and see if Todd wouldn’t sit down with me to tell his story. I talk about saving and investing and even spending your money, but I don’t talk as much as I should about giving away some of that money to those who might need it a bit more than you. The holidays are when we can all take a break from our daily lives, spend time with family and friends and reflect on what’s important to us. It’s important to me that there is more giving in my life. Maybe not always money or things, but time as well. We all have skills and talents and we use them to make money, but they can also be given. I’d like to thank J. Money and Rockstar Finance for inspiring me to put together this holiday giving episode and the last episode of 2017 where you will learn about Todd Bender and his amazing charity CityKidz.
“What we are looking for is partnerships, opportunities to learn, and collaborations to push forward the betterment of humanity.” - Richard Ndahiro of the United Nations Capital Development Fund When I attend any conference, I’ve realized the most valuable part is the time that exists between scheduled activities. Mainly meals and breaks. This is generally when I meet the most amazing people and have the best conversations. At the SIBOS 2017 (https://www.sibos.com/) conference in Toronto this past October, 8,000 delegates came from all over the world so I was definitely hoping to have great conversations with interesting people from different countries. I got to have many conversations over the 4 days of the conference but when I met a group of delegates from Uganda at my lunch table on day 2, I immediately knew they would be on my podcast. Since my visit to Kenya last year I’ve been wanting to tell people about the state of personal finance in East Africa but my knowledge only scratches the surface. (When I say East Africa I mean the East African Community(EAC) of Kenya, Uganda, Tanzania, Rwanda, Burundi, and South Sudan.) In Canada we take things like bank accounts, credit reports and credit scores for granted. We have credit cards and loans available to us from multiple sources. If we have talent, is it not hard to find the opportunity to use that talent to get a paying job or get funding for a business. It isn’t that easy in East Africa. THE INTERVIEW My 3 guests on today’s episode are: Richard Ndahiro, Digital Finance Expert for the United Nations Capital Development Fund or UNCDF (http://www.uncdf.org/) Ronald Azairwe, Director of Business Development for a Fintech company called Pegasus Technologies (http://www.pegasustechnologies.co.ug/) Eric Kamau, Managing Director of a Fintech company called True African (https://trueafrican.com/) Richard, Ronald and Eric have all made it their life’s work to improve the way that East Africans manage their finances. Only 11% of East Africans have bank accounts. In contrast, according to the World Bank, 99% of Canadians have bank accounts. Without a bank account, your cash is at risk, you can’t really prove you make any money, you don’t exist from a bank’s perspective, and you are unlikely to be able to get credit anywhere. I am very happy that Richard, Ronald and Eric made the trip from Uganda to Toronto to join me in an inspiring conversation about bringing opportunity to those who need it most. NEXT EPISODE There is one more episode coming for 2017 and that’s a special holiday giving episode featuring Todd Bender, founder of a Canadian charity called CityKidz (https://citykidz.ca/). Look for that one on Xmas eve, otherwise I will be taking a break for the holidays and I’ll be back in the middle of January 2018 to start a new year of great conversations.
"I'm thinking about building Lego right now Dad. Talk to me about compound interest later, ok?" - Chad Sichello, http://www.dojo.co Who will teach our kids about personal finance? In Canada, parents can open a bank account for their kids when they are really young. But at what point do you give them access to that money? At what point do they get a debit card? These are decisions every parent has to make eventually. But it’s not enough to give them access to the $1,000 that’s in their account one day and say: “Remember to spend responsibly.” Or “Did you know that if you save just $1 a day, you could have $100,000 by the time you are 65?” Do you know how far away 65 is for a 12 year old? The point is that you may not be the best person to teach your kids about money. With kids, it’s not always about how much you know about money, it’s about how you communicate with them. And it’s about how they learn and how they engage. That’s where Dojo comes in. DOJO Dojo is an interactive tool to teach your kids about money. It’s a smartphone app and debit card that are connected to your kid’s bank account. Parents get a version of the app that has all the spending controls and monitoring abilities. The kid gets the version that tracks their spending, and let’s them work towards savings goals of their own. You can add money to the kid’s account easily by using the app and even set up things like a scheduled allowance. As a parent you get to see where your kid spends their money and help them make better decisions, in real time. For a great overview of what Dojo can do, check out this video: https://www.youtube.com/watch?v=u5rPCpCrLZM And you can also check out their website http://www.dojo.co and click on the Parents menu. THE INTERVIEW I originally met Chad Sichello, CEO & Co-Founder of Dojo, at the Payments Canada Summit in May of 2017. I really liked the idea and I started telling people about it, but I would say “It’s credit cards for kids!” and everyone thought I was crazy. Well, of course, it’s not credit cards, it’s debit cards, which I suppose makes more sense since you can’t get a credit card in Canada until you are 18. But no matter the product or the interface, what I liked the most was the idea of raising money-smart kids and that Chad and his team took the time to figure out how kids are learning today, and they created a product that met them, as Chad says in the interview, “where they are”. I was happy to see that Dojo had a booth at the SIBOS 2017 conference in Toronto and I really enjoyed chatting with Chad about how he’s working to make sure the next generation is even better at managing money than we are. As Chad mentions in the interview, Dojo is currently only available through ATB Financial in Alberta, so if you’re an ATB customer and have kids, please try it out and let me know what you think. NEXT EPISODE The next episode of The Personal Finance Show will be my East African episode where I will be speaking with 4 FinTech leaders from Uganda about what banking is like in Uganda and other East African countries, and what they are doing to change things for the better. If you enjoyed this episode of The Personal Finance Show, please listen to the previous episodes and subscribe to the podcast. Also check out my blog at https://investwisely.ca. I would love to hear from you, good or bad, but hopefully good, so please if you have anything to tell me, email me at firstname.lastname@example.org.
The Personal Finance Show with Beau Humphreys Episode 10 The SIBOS Interviews - Episode 1 - Lending Loop, Mylo, and Wave https://www.sibos.com/ https://www.lendingloop.ca/?code=b01e39 https://mylo.ai/ https://www.waveapps.com/ This is the first episode of a 3 part series called The SIBOS interviews. --- SIBOS - https://www.sibos.com/ What is SIBOS, you ask? SIBOS stands for Swift International Banking Operations Seminar, which sounds really really boring, but it has become much more than a seminar about banking operations. Every year since 1978, the SIBOS conference has been held in a different city around the world. Today, over 8,000 people from around the world attend SIBOS, with the highest attendance to date being 9,600 in Amsterdam in 2010. This year, the SIBOS conference was to be held in Toronto, so I applied for a press pass - and I got it. The delegate pass would have cost me 3,200 Euro so let’s just say the only way I could attend such a prestigious event would be with press credentials. The SWIFT organization is responsible for the SIBOS conference. SWIFT is another acronym, that stands for the Society for Worldwide Interbank Financial Telecommunication. For many years, SWIFT has been the only way to send money from a bank in one country to a completely different bank in another country. The conference is not just about the world’s banks getting together, but also about innovation and technology. To quote the SIBOS website: “The preeminent annual conference and exhibition connects more than 8,000 executives, decision makers and thought-leaders from financial institutions, market infrastructures, multinational corporations and technology partners. Sibos facilitates debate, networking and business collaboration that collectively shapes the future of payments, securities, cash management and trade.” --- THE SIBOS INTERVIEWS As I mentioned, The SIBOS interviews is in 3 parts and this is episode one. EPISODE 1 of the series gives you a quick introduction to 3 fintech companies that were part of the Canadian Fintech Corner: Lending Loop, Mylo, and Wave. EPISODE 2 is my Canadian fintech showcase where I interview Chad Sichello, Co-Founder of Dojo. http://www.dojo.co/ EPISODE 3 is an interview that could have only happened at SIBOS. Part three is the East African episode where I interview a group of amazing fintech leaders from Uganda, and we discuss the state of banking in East Africa. --- LENDING LOOP - https://www.lendingloop.ca/?code=b01e39 I originally interviewed the co-founders of lending loop for Episode 2 of The Personal Finance Show so when I saw that they were setup at SIBOS in the Canadian Fintech corner, I knew that I wanted to include them in Episode 1 of The SIBOS Interviews. MYLO - https://mylo.ai/ Mylo is a smartphone app that is fairly new and currently only available on the iOS app store but they are working on an Android beta so stay tuned for that. WAVE - https://www.waveapps.com/ Wave has been around since 2010. But they are recently new to me and they may be new to you, despite the fact that they currently have 2.8M customers worldwide. --- Thanks to Cato Pastoll from Lending Loop, Liam Cheung from Mylo and Rob Maurin from Wave for taking the time to chat with me. Next time on the Personal finance show I have Chad Sichello from Dojo for Episode 2 of The SIBOS Interviews. If you enjoyed this episode of The Personal Finance Show, please listen to the previous episodes and subscribe to the podcast. Also check out my blog at https://investwisely.ca. I would love to hear from you, good or bad, but hopefully good, so please if you have anything to tell me, email me at email@example.com.
“Being good at money doesn’t mean you have to give up the things that you love.” - Desirae Odjick, https://www.halfbanked.com/ Desirae Odjick is very interested in helping you be great at money. The best part is that she breaks it down in a way we can all understand. This is sorely needed in the world of personal finance education. HALF BANKED Desirae originally started Half Banked because she ran the numbers and it turned out that she would have to save half her income to achieve all of her savings goals. And what better accountability than publishing updates on the internet along the way? Two years later and now she’s the one giving the advice - because she’s been through it and learned a lot along the way. We all need a helping hand when it comes to meeting our financial goals. There’s a reason why you’re good at engineering, or doctoring, or dentisting, or whatever it is you do to make money. It’s because you’re probably not super great when it comes to personal finance. Well, Desirae is. She can afford her dog(expensive!), her new house(expensive!!) and still meets her goal of saving 10% of her income before all that stuff (like living the life you want) gets in the way. How? By paying attention. (A.k.a. budgeting and tracking) A budget is a tool for freedom, not a prison. The hard truth is: you can’t have everything. At least not all at once. So if you put your priorities in a budget, you actually know if you can afford them or not. I enjoyed chatting with Desirae at FinCon in Dallas, Texas (even though we’re both Canadian!). If you enjoy the podcast, please subscribe on iTunes or leave a review so that I know you’re listening. Thanks! http://thepersonalfinanceshow.com https://investwisely.ca/podcast/
To buy a copy of “Straight Talk on Your Money” by Doug Hoyes click here: http://amzn.to/2xPKywf “I would much rather come up with the right solution for you, rather than the solution that is going to make me money today.” - Doug Hoyes, https://www.hoyes.com This is the kind of thinking that makes me want to send everyone to Hoyes Michalos and Associates for help. In 2009 I found myself with a huge amount of consumer debt, due to my gambling addiction, and I could barely keep up with my minimum payments. I could feel that I was on my way to finding a way out of my gambling addiction, but it was hard to make any progress with so much debt weighing upon me and no plan to pay it off. I did a bunch of research and decided that filing for bankruptcy might be an option. I looked a bit further and found that a consumer proposal to my creditors might be the better choice. In early 2009 I emailed Hoyes Michalos and Associates with the following message: “Due to a recent gambling incident, my debt load has increased significantly. I do not believe I can reasonably afford to pay my current debt load. I think a consumer proposal might be the right thing for me.” The “incident”, of course, was not recent, and it was an accumulation of gambling debt over 10 years, which I clarified with Sandra, the insolvency trustee when we met. Sandra took my $40,000 in debt and crafted a proposal to my creditors asking if it could be reduced to $15,000. The alternative was bankruptcy, and $0, so my creditors accepted the $15,000. I now had fixed monthly payments of $300 for the next 50 months. Oh yeah, and my credit rating would be ruined for the entire 50 months + 3 full years after my proposal was paid in full. What might have been a negative for some, was a huge relief for me. With the inability to gamble with credit cards, and having enough cash flow to start saving again, I was able to focus on rebuilding. Soon after, I finally realized I was gambling because I had Attention Deficit Disorder(ADD). I was diagnosed, medicated and my life changed completely. It still took a few more years to shake the gambling addiction completely, but in 2011 I had my final relapse and was finally done with gambling. In August 2012 I paid my proposal in full and 3 years later my proposal was cleared from my credit report. It took a while but I recovered from what seemed to be a hopeless situation. This is the kind of situation Doug Hoyes sees every day. After 20 years and 10,000 clients, Doug decided to write a book called “Straight Talk on Your Money”, just released in September 2017 I really enjoyed speaking with Doug and I want to thank him for having me on his podcast “Debt Free in 30”. Here’s the link for that episode: https://www.hoyes.com/blog/dealing-with-gambling-debt/ To find out more about bankruptcies, consumer proposals, and other insolvency options, please head to https://www.hoyes.com or call 1-866-747-0660. To buy a copy of “Straight Talk on Your Money” by Doug Hoyes click here: http://amzn.to/2xPKywf
Money 20/20 Payments Race https://us.money2020.com/payments-race On Wednesday, October 18, 2017 5 contestants began the Money 20/20 Payments Race in Toronto, Ontario, Canada at the SIBOS conference(https://www.sibos.com/) Each contestant must use a different method of payment to get from Toronto to Las Vegas in 7 days, with checkpoints and challenges along the way. Payment methods are: Chip and pin, Bitcoin, Gold, Cash and Coins, and Contactless. It is only through a series of random connections that I became aware of this race. One of the contestants, Jessica Moorhouse, is a friend of mine and host of the Mo’ Money Podcast. She posted on social media about being the first Canadian to be selected to compete in the race. Then I found out that the race was starting at the 3rd day of the SIBOS conference in Toronto - a conference that I just happened to be already attending! So I tracked down the 5 contestants and chatted with all of them about the race, their assigned methods of payment, and how they were feeling at the beginning of this 7-day journey! Have a listen to the podcast and then follow the links below to access daily summaries, social media posts, YouTube videos and general updates from the contestants. Also follow hashtag M2020Race on Twitter(https://twitter.com/search?q=%23m2020race&src=tyah) to get the latest from all contestants at once. Jessica Moorhouse - Chip and Pin https://us.money2020.com/payment-race/jessica-moorhouse Twitter: https://twitter.com/jessi_moorhouse Facebook: https://www.facebook.com/jessicaimoorhouse/ YouTube: https://www.youtube.com/c/jessicamoorhouse1 Instagram: https://www.instagram.com/jessicaimoorhouse/ Website: https://jessicamoorhouse.com/ Amélie Arras - Bitcoin https://us.money2020.com/payment-race/amelie-arras Twitter: https://twitter.com/AmelieArras Facebook: https://www.facebook.com/fintechie/ YouTube: https://www.youtube.com/channel/UCWiaP3A1ErwY982IsSlnSkQ Website: http://adastra-marketing.com/abc/ Ash Cooper - Gold https://us.money2020.com/payment-race/ash-cooper Twitter: https://twitter.com/MapleStruggle Facebook: https://www.facebook.com/maplestruggle YouTube: https://www.youtube.com/channel/UCRQR-rXJFtqLM-IaZ0ZVcfw Instagram: https://www.instagram.com/maplestruggle/ Stuart Thomas - Cash & Coins https://us.money2020.com/payment-race/stuart-thomas Twitter: https://twitter.com/StusReviewsUK Facebook: https://www.facebook.com/StusReviewsUK YouTube: https://www.youtube.com/StusReviewsUK Jordan Dusty Drew - Contactless https://us.money2020.com/payment-race/jordan-drew Twitter: https://twitter.com/jordandustydrew Facebook: https://www.facebook.com/Jordandustydrew YouTube: https://www.youtube.com/user/JordanDustyDrew/ Instagram: https://www.instagram.com/jordandustydrew/
Buy a copy of "Burn Your Mortgage" here: http://amzn.to/2t9t4si At age 30, Sean Cooper(https://seancooperwriter.com/) paid off the mortgage on his $425,000 home in Toronto. He started with a hefty $170,000 down payment and then paid off his $255,000 mortgage in only 3 years. Sean’s story is about goal setting. You start with a goal and you take the steps necessary to achieve that goal. Sean’s goal was to own a house as early as possible. So he saved every penny, worked several jobs, lived in the basement apartment of his own house so he could rent out the top, and lived a frugal life to achieve his goal. You may not be able to duplicate what Sean did, and he doesn’t expect you to. He realizes his case is a bit extreme and not for everyone. Sean wrote “Burn Your Mortgage” to help people pay off their mortgage sooner. Maybe not in 3 years, but how about 10 years instead of 20? The point is that you don’t have to wait 25 years to own your house, just because your mortgage is amortized over 25 years. If you really want to own your house sooner, you just have to make it a priority. Set the goal and work towards it. “Burn Your Mortgage” is a great read for current homeowners and prospective buyers, but it also has some great tips for anyone trying to find ways to save more or earn more. Sean’s critics love to tell him what he should have done instead of paying off his mortgage quickly. Maybe you don’t want to do what Sean did, and that’s ok. But Sean did it because he wanted to. No one forced him to work 3 jobs and live in the basement. We all have the right to choose how we spend our lives. Sean wanted a house and now he has a house. And now he has a house and a book. Rather than judge Sean, I think we should congratulate him for his achievements and his amazing goal setting abilities. Listen to the interview and then grab a copy of “Burn Your Mortgage” for yourself. http://amzn.to/2t9t4si
Interview with Planswell https://planswell.com/ When I first heard about Planswell, I joined their waiting list immediately. Planswell is giving free financial plans to all Canadians. This is what I’ve been looking for. Free budgeting and tracking from mint.com and now free financial plans. As I was doing research for the podcast interview and as I got to know the team better, I realized that Planswell is more than just a quick free financial plan. It is definitely quick and free, but that first 4 minutes where you type in your info and a plan comes out - that’s just the beginning. Just like me with my personal finance coach clients, Planswell wants to help you over the long run. The first plan is just the first plan. Every 6 months after that, you’re going to update that plan. Every 6 months for the next 40 or 50 years. Planswell is not just about investing your money. The results of the plan depend on your personal financial situation. If you come to Planswell and you are in debt, the plan is going to have a debt repayment part to it. The plan may even tell you to put all of your available funds towards the debt and help you figure out how to do that. Planswell is not going to just take your money and invest it without knowing everything else about you. This is called holistic financial planning. This is what I want for everyone. I was so impressed by the people and the concept of Planswell that I became an official Client Advocate! If you want your free holistic financial plan and you want to bypass the waiting list, you can use my Client Advocate link: http://teamplanswell.com/beau THE INTERVIEW I had this idea to bring my mobile podcast studio to the new Planswell HQ and interview the whole team all at once. I wasn’t sure if they would go for it but they did and I’m really happy with the results. Having the whole team as part of the interview meant that it wasn’t just one person answering questions, but that anyone could grab the mic if they had something to say. Most importantly, I got to try my segment “Questions from the Internet” with a large group of people and it was really fun. You can find the start of that segment around the 35 minute mark. Overall I had the best time chatting with Planswell and I hope you enjoy the podcast! ---- You can find The Personal Finance Show on iTunes, Google Play Music, Soundcloud, or on pretty much any podcast app out there. Just search for Beau Humphreys or The Personal Finance Show. If you like this episode, please help me out by subscribing to the podcast or signing up for my email list at: https://investwisely.ca/email Or just send me an email at firstname.lastname@example.org if you want to chat about anything. And don’t forget, if you like the idea of a Planswell plan and having me as your Client Advocate, you can get started right now at : http://teamplanswell.com/beau
Interview with Jessica Moorhouse https://jessicamoorhouse.com Jessica Moorhouse is a millennial personal finance expert, award-winning blogger, host of the Mo’ Money Podcast and founder of the Millennial Money Meetup. Last year, after I met Jessica and told her my story about being addicted to gambling for 20 years and crawling my way out of debt and addiction, she immediately booked me on her podcast. So it just seemed right that Jessica would be one of my first guests on The Personal Finance Show. Jessica is currently on episode 109 of the Mo’ Money Podcast, and there are more on the way every week. In this interview we talk about how Jessica has embraced change in her life and how she has found success and happiness by doing so. We also talk about mindfulness, travel, food, money personalities, and a million other things! Most recently Jessica and her business partner Jaclyn Phillips have developed the Rich & Fit Bootcamp where you can learn to master your money and fitness! Check it out here: https://jessicamoorhouse.com/rich-fit-bootcamp-registration-now-open/ I had a great time chatting with Jessica and I’m very excited that she agreed to participate in my first “Questions from the Internet” segment, which was so much fun. The Personal Finance Show is a podcast by Beau Humphreys, Personal Finance Coach. You can find Beau at https://investwisely.ca
FinTech Series Interview with Tate Hackert, Founder and President of ZayZoon. https://zayzoon.com/ Tate is in Toronto for the Payments Canada Summit from May 24-26 so I invited him to my studio to talk about ZayZoon and the 2nd annual FinTech Cup, which will be presented at the Summit. I published a written interview with Tate back in January 2017 so if you want to know more about ZayZoon and Tate’s background, head over to investwisely.ca and search for ZayZoon. At the first Payments Canada Summit last year in Calgary, ZayZoon won the FinTech Cup and the $20,000 prize that went along with it. This year, there are 3 new People’s Choice awards, $10,000, $5,000 and $2,500, on top of the $20,000 grand prize. Check out https://www.payments.ca/summit to find out more about the Summit and how things are transforming in the world of payments and finance. The Personal Finance Show is a podcast by Beau Humphreys, Personal Finance Coach. You can find Beau at https://investwisely.ca
FinTech Series Interview with Cato Pastoll and Brandon Vlaar of Lending Loop https://www.lendingloop.ca/?code=b01e39 “Lending Loop is Canada's first fully regulated peer-to-peer lending platform focused on small business.” That’s the official description from lendingloop.ca. After interviewing co-founders, Cato Pastoll and Brandon Vlaar, I realized Lending Loop is also a way to connect Canadians. On the surface it just seems like another investment option. You drop some money into an account and you choose how to allocate that money. There are a bunch of businesses, new ones show up every few days, and they have different risk ratings. The prudent thing to do would be to spread your money to a few different companies with higher and lower ratings to balance your risk. But it’s not just stocks and bonds that we’re talking about here. These are real Canadian businesses. Both Cato and Brandon grew up with parents who ran small businesses. They both know first-hand what it is like to go to a bank and be denied a loan. And if the bank does approve a small business, it can take 60-90 days to get the loan, and piles of paperwork along with it. Lending Loop works with small businesses and connects them to Canadian investors like you and me. Everything is transparent - the company’s details and statements are online for you to look at. You can even ask them questions via an online messaging platform! Have you tried asking one of your stocks or exchange-traded funds questions? Yeah, it’s not that easy. The whole team at Lending Loop is really focused on providing an alternative investment option that helps connect Canadians with other Canadians. Real people, not faceless corporations. I really enjoyed visiting the Lending Loop office for this interview and I hope you enjoy it too. If you enjoy The Personal Finance Show, please subscribe on iTunes or Google Play Music, and if you feel it up it write a review!(If it’s negative, maybe just send me an email? I can take constructive criticism.) --- The Personal Finance Show is a podcast by Beau Humphreys, Personal Finance Coach. You can find Beau at investwisely.ca
FinTech Series Interview with Chris Chan of Dwello Beau Humphreys, Personal Finance Coach(http://investwisely.ca) Interview with Chris Chan of Dwello(http://dwello.com) Sitting down to chat with Chris Chan of Dwello was like sitting down with Elon Musk of Tesla to talk about electric cars, and then finding out that it’s not about the cars at all, it’s about the batteries. Batteries that are going to change the world. Dwello is like Tesla, but for the world of rental payments and reporting. Emphasis on the reporting part. On the surface, Dwello makes it easier for tenants to pay landlords, and for landlords to manage their properties. But beneath this really awesome concept, is an even more awesome concept which is going to revolutionize the way that Canadians think about credit reports and credit scores. Please join me as I chat with Chris Chan, Managing Principal of Dwello, about how he’s helping Canadians pay rent, and ultimately improve their credit along the way. https://www.facebook.com/DwelloPayments/ https://www.facebook.com/investwisely/ https://twitter.com/DwelloPayments https://twitter.com/investwiselyca --- The Personal Finance Show is a podcast by Beau Humphreys, Personal Finance Coach. You can find Beau at https://investwisely.ca