Episode 22 Discussion: Income Tax Refunds and Financial Planning

In this episode of the money podcast, hosts Jake and Lincoln celebrate their achievement of posting their 21st episode, which puts them in the top 1% of podcasters. They also discuss income tax returns; emphasizing that the money was always the taxpayer's to start with. The hosts encourage listeners to treat their tax refund wisely by reinvesting it, paying-off debt, or improving their living conditions. They also discuss their free course 'How Money Works', which aims to educate people about financial planning and the concept of insurance.

00:00 Introduction and Jokes

01:15 Celebrating Podcast Milestone

02:19 Understanding Tax Returns

05:12 The History of Taxes

07:45 How to Spend Your Tax Return

14:22 Understanding Canada Pension Plan

15:32 Understanding Private Credit and Government Deductions

16:46 The Reality of Pensions and Personal Investments

17:11 The Importance of Investing and Financial Independence

17:59 The Pitfalls of Whole Life Insurance

18:55 The Importance of Financial Knowledge and Education

19:04 Investing Your Income Tax Return Wisely

20:02 Understanding the Value of Your Assets

21:37 The Role of Government and Taxes in Personal Finance

25:40 The Importance of Financial Education and Empowerment

29:37 The Impact of Money on Character

30:11 Conclusion and Call to Action

Email: JakeandLincoln@gmail.com