Stress Test

Just when you thought pandemic-related financial challenges were ending, we have a new plot twist: the threat of a recession. The Globe's personal finance podcast for Gen Z and millennials is back to help make sense of it all. Join hosts Rob Carrick and Roma Luciw this season as they tackle the cash crunch many Canadians are facing when it comes to things like housing and dating, and provide practical advice to help you navigate rough economic waters. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

For our last episode of this season, we’re talking retirement – why it’s changing, and how to plan for it. We hear from Vicky (25), Irina (34) and Brent (36), who each have different visions of retirement and what they’re doing – or not doing – to plan for it right now. Plus, Rob speaks with Shannon Lee Simmons, a Toronto-based certified financial planner whose core clients are millennials and Gen Z, about shifting views of retirement and how you can best prepare.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Most people buy homes with their partners or by themselves. But others are ditching the traditional paradigm. Today, we’re talking about unconventional homebuyers: family members, friends and others that team up to get into the property market. We hear from two sisters who are trying to buy a house together – and who are struggling to get into the market even after joining forces. Plus, Roma speaks with Leah Zlatkin, a mortgage broker at Mortgage Outlet and expert at LowestRates.ca, about what you should know before buying a home with others and why legal agreements are critical for those considering buying as a group.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

If you’re a homeowner or want to be one, you probably have questions about mortgages. Like where to get a good deal, what factors to pay attention to and how to choose between fixed and variable rates.  This week, we’ve got answers. Consider this episode your Mortgage 101 course. Mortgage planner and Globe and Mail columnist Robert McLister joins Rob and Roma  to discuss mortgage basics and the changing interest rate environment. Plus, we hear from Angela Calla, a mortgage broker based in Port Coquitlam, B.C.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Gen Z and millennials are getting a lot of their money advice from TikTok, where personal finance videos have more than 5.8 billion views. In this episode, we look at why the social media platform is resonating, how to use it effectively and what advice you should be wary of on the app. We hear from a 25-year-old TikTok user from Mississauga, Ont., about how he started getting personal finance advice from the platform. Plus, Roma speaks to Ellyce Fulmore, aka @queerd.co, a TikTok content creator from Calgary, Alta. Ellyce, who identifies as queer and neurodivergent, shares how her experience helps her create personal finance advice for audiences traditionally ignored by the financial industry. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Being concerned about the planet and your finances can go hand in hand. Today, we’re talking about the rise in what’s called ESG (environmental, social and governance) investing and how people can balance their values with their financial goals. We hear from a 30-year-old in Ottawa who’s getting started in ESG investing because she cares about the environment – and she wants to make money. Plus, Rob speaks to The Globe’s business reporter Jeff Jones to learn more about how  ESG funds are performing and how to keep an eye out for greenwashing.    Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Many millennials and Gen Z’s have done everything “right” - they’ve graduated, found good jobs, are paying off their debt and saving money. So why is it so hard to live the middle class lifestyle their parents and older peers had at their age? In this episode, we hear from Cody, a 33-year-old living in Hamilton, Ont., who is frustrated at not being able to achieve many of his financial and life goals despite being a fiscally responsible adult. Plus, Rob talks to Paul Kershaw, a professor at the University of British Columbia and founder of Generation Squeeze, a group that researches intergenerational fairness, about why many millennials feel like the middle class is dead. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

If you’re a Canadian driver, soaring gas prices are causing you to dig deeper at the pump these days. But is there any way to lower your vehicle costs? Today, we’re talking about the cost of car ownership and whether electric vehicles have made the move from being a luxury purchase to an affordable one. Rob speaks to Robert Karwel, an automotive industry expert at J.D. Power, for a closer look at what’s changed in the Canadian vehicle market and the potential for going electric. Plus, we hear from Dominic, a 24-year-old from Gatineau, Quebec who bought an electric vehicle to save money.  Yes, you read that right!  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Your boss wants you back in the office, but after two years of remote work, you’re not sure you want to go. Whether you measure the cost in time or money, going back to work can be pricey. Many Canadians have grown to love their work from home lifestyle, and they’re eager to keep it. In the first episode of our new season, we hear from a 20-something who’s job-hunting because his employer is asking employers to return to the office two to three days a week. We also hear from a manager in her early 40s on why she decided to close her office for good. Plus, The Globe’s future of work reporter Vanmala Subramaniam speaks with Roma to discuss changes in the workplace and what to expect going forward. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

So much has changed in the last two years including how we work, where we live and what’s important to us. But your money matters just as much as it did pre-pandemic – maybe even more. The Globe’s personal finance podcast is back this month for its fifth season. Join hosts Rob Carrick and Roma Luciw as they talk with real people and experts to tackle the money questions on your mind. Up this season: the cost of going back to the office, the price of gas versus electric vehicles, the rise of ethical investing and the latest challenges when buying a home. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.