In this episode of Money Talk with May, we dive into a conversation with an 18-year-old who’s kicking off her financial journey early. We’ll talk about what inspired her to start thinking about money at such a young age, the first steps she’s taking, and how anyone—no matter their age—can benefit from starting small and thinking ahead.

What You’ll Learn:

• Why starting a financial journey in your teens can set you up for success.
• Practical tips for young adults who want to get a head start on managing money.
• Encouragement for listeners of any age to begin their financial education journey.

Tune in and get inspired to take control of your financial future, one step at a time!

We all dream about hitting that million-dollar mark, but let’s be real—$10,000 is actually the real game changer. In this episode ofMoney Talk with May, we’re talking about why this milestone is way more powerful than you think.

Hitting $10K isn’t just about the number—it’s about what it does for your life. It gives you breathing room in emergencies, helps you break free from debt, and boosts your confidence to go after bigger financial goals. Plus, it opens the door to investing and building real wealth.

If you’re still working toward this goal, don’t stress—I’ve got tips to help you get there. And if you’ve already hit it, let’s talk about what’s next. No matter where you are in your financial journey, this episode is for you. Let’s dive in!

Disclaimer: This is for information purposes only and do not constitute financial or legal advice.

In this episode of Money Talk with May, we’re diving into a strategy that’s often misunderstood: withdrawing from your RRSP before retirement. Is it ever a good idea? How can you avoid unnecessary taxes while making the most of your savings? We’ll explore the pros and cons of early RRSP withdrawals, how Canada’s progressive tax system impacts your decisions, and the importance of finding that sweet spot for your income. Plus, we’ll talk about strategies to reinvest what you don’t spend and ways to make your money work harder for you. Tune in to learn how to make smart, informed decisions about your RRSP that align with your goals!

Tax Calculator and Tax Rates:

https://www.ey.com/en_ca/services/tax/tax-calculators

iDecide Link:

https://www.ey.com/en_ca/services/tax/tax-calculators

DISCLAIMER: This podcast for educational or entertainment purposes only. They are not (and are not intended to be) financial, investment or legal advice. It is our firm position that everyone has a unique situation and should seek professional advice on how best to navigate it.