Smart Money Community

Debt Solutions for Canadians

n this episode, we’re diving deep into debt solutions for Canadians and covering some crucial topics, including:
💸 Why even small amounts of debt can cost you millions over time.📉 What steps to take if you’re currently carrying debt.🚨 How to handle things if you can’t make your monthly payments.
If you’re ready to tackle your debt and start building a brighter financial future, this episode is for you!
🎥 Prefer to watch? Check out the full video on YouTube here: https://youtu.be/DAUVMhrILzM.
💬 Want to explore the options we discuss in this episode? Book a free Breakthrough Call and get personalized support to move forward with your finances. Schedule your call here: www.MoneyCoachMike.com/call.

When Should I Use My Emergency Fund?

When Should You Use Your Emergency Fund?
In this episode, we’re diving into one of the most important tools for financial stability: your emergency fund. We’ll discuss when it’s appropriate to use it, how to avoid common mistakes, and why having clear guidelines can help you stay financially secure during unexpected situations.
Ready to level up your financial game?💡 Join the SMA Membership for expert coaching, proven strategies, and a supportive community to help you become debt-free and build lasting wealth: SMA Membership.
🎓 Don’t miss our FREE training on The 5 Practices to Becoming Debt-Free for Good: Watch Now.
Let’s take the next step in building your financial freedom together!

Oh no the stock market is in free fall, now what?

The stock markets are in free fall, and it’s easy to feel panicked—so, what should you do now? In this episode, we break down exactly how to navigate market crashes without losing your cool. You’ll learn:
Why market dips are not the end of the world.
The biggest mistakes people make during a downturn (and how to avoid them).
Proven strategies to protect your wealth and even find opportunities in the chaos.
If you’re feeling uncertain about what’s next, don’t worry—we’ve got you covered. Tune in and discover how to stay calm, stay focused, and make smart moves during turbulent times!
Listen now and take control of your financial future.

Housing Crisis to Housing Hope: Why Your Kids Will Actually Afford Better Homes Than We Did

In this revealing episode, I tackle the housing anxiety that keeps parents up at night: "Will my kids ever afford a home of their own?" While today's housing market looks bleak, I share why technological innovations and market shifts are creating a surprising future where the next generation may actually enjoy better, more affordable housing options than we did.
I break down the emerging trends that will reshape home ownership, plus practical strategies you can implement today to set your children up for real estate success in the next 10-20 years. From smart savings plans to teaching financial literacy early, these are the tools your family needs to beat the housing crisis.
If you're worried about your children's financial future, this episode offers both hope and actionable steps to ensure they don't miss out on the American dream of home ownership.
🏠 FREE TRAINING: Discover "How Visa is Paying Me Like a Silent Partner" and learn powerful wealth-building strategies: https://watch.moneycoachmike.com/s/Fodr07

The Financial Lessons School Never Taught You: 3 Money Truths That Can Change Everything

In this eye-opening episode, I reveal the crucial financial lessons that were mysteriously absent from our education. Despite spending thousands of hours in classrooms, most of us graduated without understanding the fundamentals of building wealth.
I break down the three essential money truths I wish my teachers had shared - principles that would have completely transformed my financial journey and saved me years of costly mistakes. Whether you're struggling with debt, trying to build wealth, or simply want to gain financial confidence, these revelations will shift your perspective on money management forever.
Discover why traditional education failed us on financial literacy and learn the practical strategies that actually work in the real world. This isn't theoretical advice - these are the exact principles I've used to transform my own finances and help countless clients achieve true financial freedom.
Don't miss this chance to learn what school never taught you about money!
 
Want to watch this on Youtube? https://youtu.be/5uemrpSUotU?si=I5UwWwa_6zCCCoQa
#FinancialFreedom #MoneyMindset #WealthBuilding

Trump. Tariffs. WHat's next for the stock market?

History repeats itself in unexpected ways. In this episode, I break down the eerie similarities between today's market reactions to Trump's tariff announcements and what we witnessed during his first term. The headlines feel like déjà vu, the market volatility mirrors past patterns, and investor anxiety is at familiar levels.
But what if the conventional wisdom is missing something crucial? I'll analyze the historical patterns that most financial media is overlooking and explore potential scenarios that could unfold in the coming months. Whether you're concerned about your portfolio or looking for opportunities, this episode provides the historical context you need to make informed decisions amid the noise.
Join me as I separate market facts from political fiction and reveal what history suggests might be next for your investments. The road ahead may surprise you.
 
Want to watch this video live? https://youtu.be/RVTkIwTL8Qk?si=ETwRwgNHQ3JE2EY6

How to Go from Broke to Breakthrough

From Broke to Breakthrough: The podcast that cuts through the noise of overnight success stories to deliver what really works. We break down why those 'lightning in a bottle' moments rarely last and reveal the sustainable strategies that actually create lasting success. No empty promises—just proven pathways to help you build momentum, overcome obstacles, and achieve your breakthrough moment. Join us for actionable insights guaranteed to put you on your path to winning, one strategic step at a time.
5-Side Hustles I'd Start Tomorrow if I Lost Everything" https://www.podbean.com/ew/pb-2wku7-184a56c
 
$ Game Changing Ways to Find More Money: https://www.podbean.com/ew/pb-ad27r-18397b9
 
 
 
 

5 Side Hustles I'd Start Tomorrow if I Lost Everything

In this eye-opening episode, I reveal five powerful side hustles you can start immediately - some right from the comfort of your own home! These aren't your parents' traditional second jobs - these are modern, accessible money-making opportunities that leverage today's digital economy and flexible work arrangements.
Discover how these side hustles can accelerate your debt payoff strategy, build additional income streams, and create financial breathing room even when starting from scratch. I'll break down exactly how I'd implement each one, including startup costs, time commitments, and realistic income potential.
About Mike Crofts:Mike Crofts is a high performance money coach who helps his clients get debt free and build wealth. Since 2018, Mike has helped his clients pay off over $5,000,000 of debt and start their wealth building journey. Seeing an opportunity in 2009, Mike has been investing in the stock market since the 2008 crash.
Want to learn more?
Want to learn more about how to get totally debt free without bankruptcies, remortgages or consumer proposals? Watch the training here: https://watch.moneycoachmike.com/s/Pw2FEH
Want to know how to grow your investment account better than 99% of paid advisors, even if you're a complete newbie? Watch here: https://watch.moneycoachmike.com/s/CEzweF

4 Game Changing Ways to Find More Money Today

Money feeling a little tight these days? In this episode, we're diving into 4 proven strategies to help you find extra cash in your budget - starting today.
First up, we'll take a deep dive into optimizing your insurance policies. From auto to home to life insurance, we'll share insider tips to slash your premiums without sacrificing coverage. You might be surprised by how much you can save.
Speaking of savings, with interest rates on the decline, now could be the perfect time to reevaluate your mortgage. We'll walk through the key considerations around refinancing and whether it makes sense for your unique financial situation.
We'll also cover a couple other creative ways to free up funds, like negotiating bills and tapping into the gig economy. No matter your current money struggles, you're sure to leave this episode with actionable steps to start padding your bank account.
Tune in to discover 4 game-changing money moves you can make today. Your future self will thank you!

Is College worth the money? Plus Anita is DEBT FREE!

In this episode, we’re tackling a big question: Is college really worth the money? With skyrocketing tuition costs and student loan debt at an all-time high, it’s a topic that affects millions of people. We'll dive into the pros, cons, and how to make the best financial decision for your future.
Plus, we’re celebrating an inspiring win! Anita, one of my coaching clients, is officially debt-free! 🎉 Hear how she took control of her finances and paid off her debt—without bankruptcy, remortgaging, or consolidation. Her journey proves that no matter how much debt you’re facing, freedom is possible.
Whether you're questioning the value of higher education or looking for motivation to tackle your own debt, this episode is packed with insights and inspiration.
Listen now to learn:🎓 How to evaluate whether college is worth the investment.💸 The simple strategies Anita used to become debt-free.✅ Steps you can take today to work toward financial freedom.