Mar 19, 2019
Ellen chats with Bruce Sellery, speaker, television personality, personal finance expert and author of "The Moolala Guide to Rockin' Your RRSP". We chat about RRSPs, TFSAs, ignoring the noise and saving for retirement.
Questions Asked:
1:06 Let’s start by talking about your lifelong business career and the switch to business media personality and personal finance.
5:48 How did you come up with the “Moolala” name?
6:42 Do people still use the word “moola” for money?
6:53 So what you’re really saying is that the business media is about short-term events when really, in personal finance and investing, you should ignore the noise and think long-term?
9:23 In the first Moolala book "Why Smart People Do Dumb Things with Their Money - And What You Can Do About It" you talk a lot about psychological issues surrounding money. Can you boil it down into a few sentences?
11:51 The internet can help for remaining anonymous when you have questions about money, credit card debt or how much you need for retirement.
12:45 How do you like the transition from employment to working for yourself?
15:00 Do you have a specific niche subject that you talk about or do you cover many topics surrounding personal finance and investing?
18:36 And isn't it difficult to get people to open up to their advisors?
20:11 What are your best tips for rocking your RRSP?
22:26 What do you think about the TFSA and the debate about whether young people should start with a TFSA or RRSP when they're saving for retirement?
25:35 Have you made any money mistakes yourself?
27:43 What are your three best money tips that you use in your life or that you follow?
Ellen's Tips and Tricks: A confession. She has withdrawn money from her RRSP.