Wills and estates can sound intimidating—but they don’t have to be. In this episode, Eli breaks down the basics of what a will actually is, what an estate includes, and why having a plan matters more than most families realize.

You’ll learn what happens if you don’t have a will, the key decisions every will should cover, and the common misconceptions that stop people from getting started. This episode is about understanding the foundation—so you can make informed, confident choices that protect the people you care about.

Whether you’re just starting to think about estate planning or putting it off because it feels overwhelming, this conversation makes the essentials clear, practical, and approachable.

Show Links:

Website ⁠upfinancial.ca⁠

Youtube: ⁠www.youtube.com/@elithemoneyguy⁠

TikTok ⁠tiktok.com/@elithemoneyguy⁠

Instagram ⁠instagram.com/elithemoneyguy⁠

Facebook ⁠facebook.com/upfinancial⁠

Chapters List:

00:00 Navigating Financial Support for Kids

00:32 Understanding Trusts and Estate Planning

04:03 Informal vs. Formal Trusts

07:40 Balancing Support and Independence

10:22 Planning Inheritance: When and How?

11:32 Guardianship and Child Welfare

12:41 Understanding TFSAs and RESPs

14:07 Gifting: Now vs. Later

15:45 Supporting Adult Children Financially

17:22 Instilling Financial Values in Children

The sandwich generation is exhausted—and for many immigrant and first-generation Canadian families, the pressure runs even deeper.

In this episode, Christi Rae sits down with Parween Mander (The Wealthy Wolfe) to create a practical, compassionate survival guide for parents caught between supporting aging parents, raising financially resilient kids, and trying not to sacrifice their own retirement in the process.

This conversation goes beyond budgets and spreadsheets to address the real drivers of stress: money guilt, cultural expectations, scarcity mindset, and the emotional burden, often carried by eldest daughters, to be the family’s financial anchor.

You’ll learn:

• How to set financial boundaries with parents without feeling like you’re abandoning them

• Why balancing support, savings, and retirement is essential to breaking cycles of scarcity

• How to raise cycle-breaking kids without passing down money trauma

• What it really means to move from survival mode to financial safety

This episode is a reminder that protecting your financial future isn’t selfish, it’s how long-term care for your family actually becomes possible.
Ideal for: sandwich-generation parents, immigrant families, first-generation Canadians, and anyone navigating money, boundaries, and guilt

Show Links:

Website: TheWealthyWolfe.ca

Instagram: @parween.mander

TikTok: @parweenmoneycoach

Chapter List:

00:00 Navigating Financial Pressures in Immigrant Families

02:51 Setting Financial Boundaries with Parents

05:55 Breaking the Cycle of Financial Scarcity

08:38 Teaching Kids About Money Without Trauma

11:38 Balancing Family Support and Personal Financial Goals

14:38 Understanding Collectivist vs. Individualist Cultures

16:43 Shifting from Survival Mode to Safety Mode

19:22 The Journey of a Financial Counselor

Confused about where to start with your investments?

In this episode, Christi Rae sits down with Toby Manson, CPA and certified financial planner with IG Wealth, to break down Canada’s key savings accounts: TFSA, RRSP, and FHSA.

Learn which account to open first, when to start contributing to an RRSP, and how the FHSA can help first-time homebuyers.

Perfect for beginners, young adults, and parents who want to raise money-smart kids. This episode gives you the confidence and language to take control of your finances, one step at a time.

Chapter List:

00:00 Introduction to Financial Literacy for Parents

00:48 Understanding TFSA, RRSP, and FHSA

02:51 Tax Benefits of Registered Accounts

05:11 Choosing the Right Account for Young Adults

07:11 Transitioning from TFSA to RRSP

07:43 Overcoming Financial Intimidation

08:51 Navigating DIY Investing vs. Financial Planning

10:20 Understanding Financial Planning for Beginners

11:35 Building Relationships with Financial Advisors

12:38 Balancing Saving and Enjoying Life

13:27 Key Takeaways for Young Investors

14:35 Summary

Most parents know what they should do with money save more plan ahead and talk to their kids about finances. So why is it still so hard to follow through?

In this episode of The Great Canadian Piggy Bank host Christi Rae sits down with Dr. Preet Banerjee one of Canada’s leading experts in behavioral finance to unpack why knowing better does not lead to doing better. They explore how fatigue stress and our brain’s focus on the present sabotage good financial intentions and why willpower is the wrong tool for the job.

You will learn how small systems automation and intentional friction can help parents close the gap between intention and action how kids absorb financial habits from what we model not what we say and why creating emotional safety around money matters more than getting everything right.

This episode is for parents who want to raise money smart kids without guilt perfection or burnout.

Show Links:

Website: https://www.preetbanerjee.com/

Financial Course: https://www.airfoilacademy.com/courses/yourmoneydegree

Instagram: https://www.instagram.com/preetbanerjee/

Youtube: https://www.youtube.com/@PreetBanerjee

TikTok: https://www.tiktok.com/@preetbanerjee

Chapter List:

00:00 Understanding the Financial Behavior Gap

02:47 The Empathy Gap and Future Self

06:36 Automating Financial Decisions

10:06 Taking Action on Financial Intentions

11:57 Teaching Money Skills for an AI Future

15:53 Creating Emotional Safety Around Money Conversations

17:59 Summary

The financial world our teens are entering looks nothing like the one we grew up in.
From one-click buying and buy-now-pay-later to housing anxiety and constant social comparison, today’s kids face money pressures we never had.

In this episode, Christi Rae is joined by Rob Carrick, longtime personal finance columnist at The Globe and Mail and co-host of The Stress Test podcast, to unpack what’s changed—and what still matters. Drawing on more than 30 years of financial journalism (and parenting), Rob explains why old money rules don’t always apply, how friction-free spending is reshaping behaviour, and why parents shouldn’t feel guilty for helping their kids financially in today’s economy.

Together, they explore:

• Why one-click buying and buy-now-pay-later make budgeting harder for teens

• How parents can talk honestly about money mistakes without shame

• What saving should look like for teens (and what it shouldn’t)

• Rethinking home ownership, renting, and “success” in Canada today

• Simple questions that open meaningful money conversations at home

This episode is for parents who want to raise financially confident teens—without fear, guilt, or outdated advice.

Show Links:

Website: https://robcarrick.ca/

Substack:https://robcarrickpf.substack.com/

StressTest Podcast: Stress Test

Facebook: https://www.facebook.com/profile.php?id=100000463112714

Chapters List:

00:47 Biggest Shift

03:49 Parental Guilt

05:19 Helping Out Financially

07:03 Keeping Kid's Grit

09:21 Modern Update to 10% Rule

12:47 Habit of Saving

12:58 Moneys Skills that Matter

14:11 Housing Alternatives

16:43 Simplest First Step

18:23 High Risk Investing

19:36 One Question to Ask Tonight

20:56 Takeaways

How Teens Build Credit in Canada: Credit Cards, Buy Now Pay Later, and Common Mistakes

Credit can shape your teen’s financial future long before adulthood, sometimes without parents even realizing it. In this episode of The Great Canadian Piggy Bank, host Christi Rae is joined by Barry Choi, founder of Money We Have and a regular contributor to The Globe and Mail, to break down how teens actually build credit in Canada today.

We cover how supplementary credit cards work, when teens should get a credit card in their own name, and why buy now, pay later options like Klarna and Afterpay are becoming a hidden risk for young people. Barry explains the most common credit mistakes teens and young adults make, why obsessing over a perfect credit score isn’t helpful, and how parents can teach responsible credit habits without fear or shame.

If you’re raising a teen in Canada, this episode will help you turn credit into a practical life skill, not a financial landmine.

Show Links:

Website: ⁠https://www.moneywehave.com/⁠

Instagram: ⁠https://www.instagram.com/barry_choi⁠

Facebook: ⁠https://www.facebook.com/moneywehave⁠

Youtube: ⁠https://www.youtube.com/@BarryChoi/shorts⁠

TikTok: ⁠https://www.tiktok.com/@barry_choi⁠

Chapter List:

00:00 Building Credit

01:30 Credit Basics

02:03 How is Credit Different Today?

02:52 How to Build Credit

04:45 When to Obtain a Credit Card

05:24 Buy Now, Pay Later Options

08:40 Common Credit Mistakes

09:29 Credit Scores

10:48 When to CoSign

12:43 TakeAways

Is social media shaping how your child views money and making them feel like they never have enough? In this episode of The Great Canadian Piggy Bank, host Christi Rae explores money dysmorphia, a growing issue affecting kids and teens whose perception of wealth is distorted by constant online comparison.

Joined by David Delisle, author of The Golden Quest and creator of The Awesome Stuff, Christi breaks down how social media influences children’s money mindset, why comparison culture fuels financial anxiety, and how parents can spot early signs of unhealthy money beliefs in their kids.

You’ll learn practical tools for teaching kids healthy financial habits, including how to shift money conversations away from guilt, pressure, and power struggles. David introduces a simple question: “Is this your awesome stuff?” , that helps children connect spending decisions to their values, experiences, and what truly brings them joy.

This episode is ideal for parents looking for realistic, age-appropriate ways to talk to kids about money, navigate social media’s impact on finances, and raise money-smart children in a world where “more” always seems better.

Show Links for David Delisle:

Website: http://www.theawesomestuff.com/

Youtube: https://www.youtube.com/@theawesomestuff

Instagram: https://www.instagram.com/theawesomestuff

Facebook: https://www.facebook.com/OnlyBuyTheAwesomeStuff

TikTok: https://www.tiktok.com/@theawesomestuff

TedX Speech: https://www.youtube.com/watch?v=EG8V8UIXXQM

The Golden Quest Book: https://www.amazon.ca/Golden-Quest-Your-Journey-Rich/dp/1777718929

Chapters List:

00:00 What is Money Dysmorphia

02:30 The Impact of Social Media on Perception

05:16 Recognizing Signs of Money Dysmorphia

06:50 The Awesome Stuff Movement

10:23 Experiences vs. Material Goods

13:21 Mindful Spending and Parenting Strategies

15:01 Encouraging Autonomy in Financial Decisions

16:26 Defining Awesome Stuff for Kids

17:51 Engaging Conversations About Money

19:02 Money Dysmorphia Summary

Season 2 of The Great Canadian Piggy Bank gets practical.
Christi Rae helps Canadian parents understand the money topics many families avoid — from estate planning and building credit, to RRSPs, TFSAs, and FHSAs.

Through thoughtful conversations with trusted voices in Canadian personal finance, such as Rob Carrick, Preet Banerjee and Barry Choi, we get clear, real-life explanations. This season also explores the emotional side of money, including family expectations, guilt, and responsibility — especially for first-generation Canadians.

If you’re trying to teach your kids about money, you’re in the right place.