In this week's episode of Think Smart with TMFG, hosts Rob McClelland and Mike Connon discuss the various considerations related to financial planning for anticipated summer expenses. They emphasize the importance of having a clear monetary plan for summer purchases.
Rob and Mike discuss many summer expenses, such as home renovations, landscaping work, and travel. They emphasize the need to allocate and prioritize budgets for different activities, stressing how different expenses, like spring-to-summer projects involving pools and landscaping, are significant and typically happen during the warmer months.
This enlightening episode encourages listeners to think ahead, avoid consigning major financial expenses onto credit cards, and find a balance between necessary expenditures and indulging in summer fun. Rob and Mike end the episode by urging listeners to remember that some of the most enjoyable moments of summer can be free, just like walking.
Think Smart with TMFG is a podcast focused on helping people understand financial matters. Tune in weekly to gain insights into maintaining a balanced lifestyle while handling your finances smartly.
Episode 227: Could a Crystal Ball Get You the Ideal Returns on Your Investments?
Episode 226: Why Is it So Damn Hard to Get Good Returns on Your Investments?
Episode 225: Big Tech Predictions 2023 and Beyond
Episode 224: RRSPs Are a Big Marketing Gimmick
Episode 223: All the Financial Mistakes We Have Made Over the Years
Episode 222: Delegation: How It Can Help You Achieve More Out of Life
Episode 221: The Weather Forecast: Predictions and Forecasts in the Financial Markets
Episode 220: Moving Money is Not Saving Money
Episode 219: Investing is Not Gambling
Episode 218: How to Avoid Getting Audited by the CRA
Episode 217: Structured Investments, Stock Picking with ChatGPT and Conflicts of Interest at the Big Banks
Episode 216: How Often Does Factor Investing Work?
Episode 215: The Housing Market and How to Help Your Kids with their First Home
Episode 214: Saving for a University Education is Taking a Hit
Episode 213: AI, is it Good or Bad, and What the Heck is ChatGPT?
Episode 212: The World’s Wealthiest Cities
Episode 211: How to Increase Your Retirement Income
Episode 210: Why Do People Break Up with Their Financial Advisors?
Episode 209: Why You Need An Estate Planning Checklist
Episode 208: Fascinating Study on Investment Returns over 96 Years
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