Our guest this episode is Andrew Hallam—bestselling author of “Millionaire Teacher,” “Millionaire Expat” and “Balance.”

Andrew’s journey into personal finance started in an unlikely place: at 19 years old, he met a millionaire mechanic who taught him that building wealth isn’t about earning a high salary — it’s about making your money work harder than you do. Since then, Andrew has become one of the most respected voices in financial literacy, known for his practical and globally minded approach to investing and life.

In this conversation, Dave and Andrew discuss everything from the timeless principles of index investing and global diversification to the rise of robo-advisors and the pros and cons of real estate investing. Andrew also opens up about his nomadic lifestyle and shares lessons from his book Balance — on finding happiness, health, and purpose beyond the pursuit of money.

It’s an inspiring and insightful episode for anyone looking to build wealth and a better life.

Show Notes

(00:00) Intro & Disclaimer

(00:55) Intro to Andrew Hallam

(01:30) How Andrew First Learned About Finance

(03:13) How a Teacher Became a Bestselling Personal-Finance Author

(11:59) How one Key Review Led to Massive Sales

(15:16) Does the Millionaire Teacher Still Believe in Index Investing?

(17:57) All-in-One Asset-Allocation ETFs

(19:27) Chasing Active Outperformance

(23:27) Robo-Advisors vs. Asset-Allocation ETFs

(25:48) The Importance of Global Diversification

(29:29) Real Estate Investing

(32:23) Andrew’s Nomadic Lifestyle

(36:26) Finding Balance in Life

(42:17) What Changes Are Needed to The Financial Industry?

(47:28) Conclusion

SPECIAL EPISODE: To commemorate the launch of the fully updated “The Wealthy Barber,” we’re doing a very special episode this week where Dave is the guest on his own podcast!

We brought back fan favourite and financial-educator extraordinaire, Preet Banerjee, to host the conversation and turn the tables on Dave. Together, they dive into the stories behind “The Wealthy Barber” — from why Dave first wrote the book and how it was tested, to his early days shipping copies with his mom and the moment he realized his life was about to change forever.

They also touch on his time on “Dragons’ Den,” the pressure (and fun) of updating the book for a new generation, the behind-the-scenes team that helped make it happen, and even a few lighter topics — like Dave’s love of A&W, black nibs and eating every meal out.

It’s a funny, nostalgic and inspiring look at one of Canada’s most beloved financial voices and the incredible journey behind one of the bestselling books in Canadian history.

Show Notes

(00:00) Intro & Disclaimer

(00:55) A Special Episode

(03:23) Why Dave Wrote the Original “The Wealthy Barber”

(06:11) How Important Testing is For Dave’s Books

(10:32) Dave’s Goal Was to Sell 10,000 Copies

(12:31) Dave’s Life in 1989

(14:15) Dave and His Mom Fulfilled Orders at First

(17:49) When Dave Realized His Life Was Going to Change Forever

(20:52) Becoming a Reluctant Publishing Consultant

(24:16) Dragons’ Den

(30:16) The Pressure of Updating “The Wealthy Barber”

(33:19) Preet’s Review of the New Book

(35:57) The Team Behind The Wealthy Barber Podcast and Socials

(39:30) Who is The Wealthy Barber’s Barber?

(40:25) Benefitting From Having Kids in the Book’s Target Market

(41:38) Dave Eats Every Meal Out

(45:36) Dave’s Love of A&W and Black Nibs

(47:11) A Day in the Life of The Wealthy Barber

(48:27) Who is the Updated “The Wealthy Barber” For?

(51:55) Conclusion

Our guest this episode is Jason Pereira — Senior Partner & Financial Planner at Woodgate Financial and one of Canada’s most prolific voices in the financial planning industry.

Jason has spent over two decades immersed in the world of financial planning — earning nine professional designations, contributing to hundreds of articles and podcasts and becoming a trusted expert on everything from practice management to fintech to insurance strategy.

In this wide-ranging conversation, Dave and Jason explore the evolution of financial advice in Canada including how it compares globally, why many Canadians still have blind trust in big institutions and what younger advisors are doing differently. They also dig into some of the thorniest financial planning topics: over- and under-insurance, capital gains at death, intergenerational wealth transfers, life insurance for children, rental real estate in 2025 and much, much more.

Jason doesn’t hold back — sharing candid insights on the gaps in Canada’s advisory landscape and how consumers can better navigate the system. Whether you’re a new investor or just someone trying to make smart decisions with your money, this episode is packed with thought-provoking ideas and practical takeaways.

Show Notes

(00:00:00) Intro & Disclaimer

(00:00:55) Intro to Jason Pereira

(00:02:13) The Different Ways to Pay for Financial Advice

(00:05:26) How Does Canada’s Financial Advisory Industry Compare to Other Parts of the World?

(00:10:52) Young Advisors Want To Do More Financial Planning

(00:12:57) Canadians Have Misguided Trust in Large Financial Institutions

(00:16:17) Jason Thinks People Are Being Sold Too Much Insurance They Don’t Need

(00:19:06) Term vs. Cash Value Insurance

(00:21:27) Using Insurance to Cover Large Capital Gains Taxes

(00:25:25) Passing On Cottages Can Cause Much Family Friction

(00:26:45) Corporate Executors

(00:29:37) Many Young Canadians Don’t Have Enough Life Insurance

(00:34:50) How Much Life Insurance Do You Need?

(00:41:20) Buying Life Insurance on Young Children

(00:44:54) It’s So Hard to Max Out All of Your Registered Accounts

(00:46:23) AI and Financial Planning

(00:52:59) Rental Real Estate in 2025

(00:55:32) Any Risks with the Rise of Passive Investing?

(00:58:13) Parents Are Gifting More Money

(01:00:39) When Financial Advisor Fees Are Worth It

(01:04:10) Conclusion