Strictly Money with Saijal Patel – Details, episodes & analysis

Join us on Strictly Money as we dive into the art of negotiation and its critical role in achieving financial success.

In this episode, Saijal Patel welcomes Mark Raffan, CEO of Negotiations Ninja, an award-winning negotiation trainer, speaker, and well-known negotiation expert. Mark has coached executives and teams in some of the largest companies globally, and today he shares his insights on how mastering negotiation can significantly boost your financial health.

Discover why negotiation is often neglected but essential for financial well-being. Learn practical strategies for negotiating better salaries, securing great deals on major purchases, and overcoming the fear of negotiation.

Whether you’re looking to save money, make more money, or ask better questions to get your needs met, this episode is packed with valuable tips and techniques to help you succeed.

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Key moments:

00:00 - Sales to Procurement: From Seller to Trainer

05:56 - Cultural Comfort: Negotiation Across Borders

06:55 - Smart Negotiation: Saving Through Bargaining

11:10 - Salary Growth: Power of Job Offer Negotiation

13:54 - Art of Asking: Key to Flexibility

19:40 - Savvy Shopping: Research, Negotiate, Compare

20:55 - Negotiation Wisdom: Maintaining a Margin

24:44 - Client Clarity: Essential for Realtors

29:01 - Value vs. Price: Deciphering Purchases

31:35 - Price Comparison: Educating Potential Buyers

34:15 - Fearless Asking: Boosting Negotiation Skills

37:52 - CPP Dilemma: Understanding Investment Returns

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GUEST LINKS & RESOURCES:

Get in touch with Mark and access his free e-books: https://negotiations.ninja

Buy Mark’s Book on Amazon: https://www.amazon.ca/Secrets-Win-Deals-Influence-Stakeholders.

LEARN MORE ABOUT BMO ETFS (SPONSOR): https://www.bmo.com/main/personal/investments/etf/

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Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts.

Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/

Follow on X: https://twitter.com/strictlymoneytv

Get in touch: https://saijelle.com/contact-us/

Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/

Welcome to "Strictly Money: Weekly Insights," the podcast that brings you expert advice and actionable tips to take your financial well-being to the next level. 

In this episode, I’m diving into the world of employer-sponsored pension plans in Canada. 

Whether you're just starting your career or approaching retirement, understanding your pension options can make a world of difference in your financial future.

Join me as I discuss how to make the most of your pension plan and the mistakes so many employees make. I break down the key differences between a Defined Contribution Pension Plans (DCPP) and a Defined Benefit Pension Plans (DBPP), share strategies to maximize your wealth, and what you can and can’t expect from your employer about your pension plan so you avoid common pitfalls.

Tune in, subscribe, and share this episode with your colleagues and friends. Let's build a financially secure future together!

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Key moments:

01:00 - Pension Planning: Understanding Retirement Benefits

01:24 - Pension Plan Types: Defined Contribution vs. Defined Benefit

02:30 - Retirement Fund Strategies: Maximizing Contributions

04:26 - Investment Insights: Making Informed Choices for Retirement

06:40 - Financial Security: Building a Solid Retirement Foundation

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Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts.

Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/

Follow on X: https://twitter.com/strictlymoneytv

Get in touch: https://saijelle.com/contact-us/

Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/

In this episode, we delve into the surprising reality of Canada's income and wealth gap compared to its U.S. counterpart. Despite common perceptions, recent revelations from the report "Billionaire Blindspot" challenge the accuracy of data collected by Statistics Canada, shedding light on a previously overlooked aspect of economic disparity. 

Join me as Dan Skilleter, the Director of Policy at Social Capital Partners and author of the report, shares insights derived from his extensive experience in policy advising. Gain a deeper understanding of the nuances shaping Canada's economic landscape and the implications for its citizens.

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TIMESTAMP:

00:00 Wealth inequality in Canada similar to US.

04:05 Statistics Canada surveys Canadians every few years.

06:33 US survey has better, more accurate data.

10:38 Popular measurement of income inequality in countries.

14:46 Capital gains tax rate increased to 66%.

19:09 Political argument with merit, but potential downside.

22:59 Challenges in accessing wealth data in Canada.

24:39 We sent data to the government strategically.

27:26 Questioning two-week pay cycle, suggesting daily pay.

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GUEST LINKS & RESOURCES: 

Link to Billionaire Blindspot report: https://www.socialcapitalpartners.ca/scpreports

LEARN MORE ABOUT BMO ETFS (SPONSOR):

https://www.bmo.com/main/personal/investments/etf/

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Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts.

Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/

Follow on X: https://twitter.com/strictlymoneytv

Get in touch: https://saijelle.com/contact-us/

Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/

Why do so many couples avoid talking about money when it’s essential in order to build and protect one’s wealth? 

Join me as I explore why couples need to discuss their finances and, more importantly, how to navigate these conversations effectively.

Research consistently highlights that couples who openly communicate about money are happier and more fulfilled in their relationships. However, despite these findings, many couples still find it challenging and awkward to broach the subject. 

So if that’s you - you’re not alone. Whether you're newlyweds, longtime partners, or somewhere in between, I’ll share my advice on how to achieving financial harmony and strengthening your relationship along the way.

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Key moments:

00:00 - 03:37: Unveiling the Taboo: Why Money Talk with Your Partner Matters

03:38 - 05:59: Money Personalities: Understanding Your Beliefs and Habits

06:00 - 06:59: Financial Goals: Crafting a Plan for Shared Dreams

07:00 - 07:56: Scheduling Success: The Power of Regular Money Talks

07:57 - 08:49: Breaking the Silence: Strengthening Bonds for Financial Health

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Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts.

Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/

Follow on X: https://twitter.com/strictlymoneytv

Get in touch: https://saijelle.com/contact-us/

Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/

Welcome to this special episode of Strictly Money, where we dissect the aftermath of Canada's federal budget announcement.

Jake Fuss of the Fraser Institute joins Saijal Patel as they unravel the implications of Finance Minister Chrystia Freeland's budget, specifically crafted to resonate with millennials and Gen Z amidst the pressing issue of housing affordability. They discuss the ballooning debt, new capital gains tax rules and whether Canada is headed in the right or wrong direction when it comes to personal and economic prosperity.

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⏰Timestamps:

00:00 - 03:37: Budget Woes: Unsustainable Tax and Spending

03:38 - 08:15: Canada's Lagging Living Standards and Fiscal Responsibilities

08:16 - 11:21: Government's Debt Dilemma: $54 Billion Spending Surge

11:22 - 16:03: Tax Hike Fallout: Discouraging Private Investment

16:04 - 18:42: Housing Policy Pitfalls: Price Rise Concerns

18:43 - 20:59: Housing Crisis: Limits of Withdrawal Increase

21:00 - 23:09: Prioritizing Tax Competitiveness and Productivity

23:10 - 25:09: Advocating for Early Financial Literacy Education

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GUEST LINKS & RESOURCES:

Jake’s Blog: https://fraserinstitute.org/blogs/federal-budgets-scale-of-spending-and-debt-reveal-a-government-lacking-self-control

LEARN MORE ABOUT BMO ETFS (SPONSOR):

https://www.bmo.com/main/personal/investments/etf/

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Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts.

Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/

Follow on X: https://twitter.com/strictlymoneytv

Get in touch: https://saijelle.com/contact-us/

Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/

In this episode, I’m tackling the commonly used term "financial literacy" and why it might be leading us astray. 

There are limitations of traditional financial literacy and it’s why so many individuals struggle with managing their finances despite possessing basic financial knowledge. 

The correct approach is a concept called financial capability—a comprehensive framework that goes beyond mere literacy to empower individuals with the skills, attitudes, and behaviours necessary for long-term financial well-being.

Whether you're a seasoned investor or just starting your financial journey, this episode will equip you with the tools and mindset needed to thrive in today's complex financial landscape.

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Key moments:

00:00 - 02:06: Rethinking Financial Education: Beyond Literacy

02:07 - 04:49: Financial Capability: Bridging Knowledge and Action

04:50 - 06:23: Transforming Theory into Financial Success

06:24 - 07:42: Empowering Financial Fluency for Collective Prosperity

07:43 - 08:21: Join the Movement: Building Financial Capability

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Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts.

Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/

Follow on X: https://twitter.com/strictlymoneytv

Get in touch: https://saijelle.com/contact-us/

Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/

As the tax filing deadline approaches, host Saijal Patel is joined by seasoned tax expert Brian Quinlan to provide last-minute filers and proactive planners alike with essential insights to optimize savings and minimize tax liabilities.

From new regulations to timeless strategies, we cover everything you need to know to make the most of your finances in 2024 and beyond.

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Timestamps:

00:00 - 03:49: Deadline Alert: Last-Minute Tax Tips for Procrastinators

03:49 - 07:12: Insights into Evolving Tax Filing

07:12 - 11:19: Maximizing Benefits and Refunds

11:19 - 13:32: Utilizing CRA Website and Newsletters

13:32 - 17:42: Tax Savings Through Spousal Investment

17:42 - 22:34: Remote Work Impact: Changes in Home Office Deductions

22:34 - 25:51: Prospects for Budget Passage by Year's End

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GUEST LINKS & RESOURCES:

Get in touch with Brian:

https://allayllp.ca/about-us/our-team/brian-quinlan/

LEARN MORE ABOUT BMO ETFS (SPONSOR):

https://www.bmo.com/main/personal/investments/etf/

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Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate who runs Saij Elle/Saij Wealth Consulting Inc dedicated to help women build financial independence. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts. 

Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/ 

Follow on X: https://twitter.com/strictlymoneytv 

Get in touch: https://saijelle.com/contact-us/

Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/

Tune in to this episode as I uncover the 4 key investing mistakes that could be holding you back from achieving financial freedom.

Join me as I discuss why investing is not as risky as you may think and how to approach risk the right way when thinking about your investment strategy. Plus for all you FOMOs, I’ll share why time and patience work for you rather than against you. 

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Key moments:

00:00 - 01:05 - Financial Wisdom Unlocked: Insights

01:06 - 05:55 - Avoid Costly Investment Blunders: Guide

05:56 - 09:30 - Embrace Risk for Wealth: Secret Revealed

09:31 - 12:44 - Market Mastery: Timing and Diversification Tips

12:45 - 13:34 - Secure Your Future: Expert Investment Advice

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Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts.

Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/

Follow on X: https://twitter.com/strictlymoneytv

Get in touch: https://saijelle.com/contact-us/

Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/

In this episode of Strictly Money, host Saijal Patel and Ratehub.ca’s Natasha Macmillan discuss a recent report comparing banking fees in Canada to those in the U.K. and Australia. 

Discover the startling discrepancies in fees for basic banking services and explore how they impact the everyday consumer. From monthly account fees to non-sufficient funds charges, learn why Canadians are paying more and what solutions might exist to alleviate the burden.

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⏰Timestamps:

00:00 - 03:15: Introduction to banking fees in Canada

03:15 - 06:12: Truths about Monthly fees and minimum balances

06:12 - 09:27: How ATM cash withdrawal fees work

09:27 - 12:44: Factors contributing to high fees in Canada

12:44 - 15:54: Government initiatives vs other countries

15:54 - 18:57: Bundling banking products

18:57 - 21:56: What is Open Banking and how does it work

21:56 - 27:03: Importance of credit card choice

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GUEST LINKS & RESOURCES: 

https://www.ratehub.ca

More about open banking

LEARN MORE ABOUT BMO ETFS (SPONSOR)

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Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts.

Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/

Follow on X: https://twitter.com/strictlymoneytv

Get in touch: https://saijelle.com/contact-us/

Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/

Welcome to the latest Weekly Insight! 

In this episode, I dig into a crucial but often misunderstood aspect of personal finance: aligning spending habits with individual values. Join me as I unravel the misconceptions surrounding spending habits that are stopping millions of people from reaching their financial goals. 

I’ve give you research-backed advice so you regain control over your finances, wipe away burdening debt, and be authentically happier with your purchases.

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Key moments:

00:47 - 02:54: Aligning Spending with Values: Overcoming Regrettable Purchases

03:30 - 05:19: Understanding Emotional vs. Rational Decision-Making

06:03 - 07:45: The Importance of Aligning Spending with Values

08:25 - 09:42: Practical Exercise: Evaluating Spending Habits

10:18 - 12:00: Actionable Steps for Mindful Spending

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Saijal Patel, CFA, is a former CNBC and BNN journalist and passionate financial wellness advocate. She's bringing Strictly Money directly to you via YouTube, Apple Podcasts, Spotify and where ever you get your podcasts.

Connect on LinkedIn: https://www.linkedin.com/company/saij-elle/

Follow on X: https://twitter.com/strictlymoneytv

Get in touch: https://saijelle.com/contact-us/

Join Saij Elle’s FREE Money Masterclass for Women: https://courses.saijelle.com/master-class/