Preet Banerjee podcast on Findependence Day (plus a Guerrilla Frugality anecdote)

This week I had the pleasure of doing a 15-minute podcast with Preet Banerjee, who recently launched his Mostly Money, Mostly Canadian podcast as an adjunct to his popular Where Does All My Money Go blog and numerous other media-commentary activities. You can find the podcast here: it’s billed as describing the concept of “Findependence” and also touches on my recent job change.

Preet is a fast-rising star in personal finance in Canada. Currently he has a regular column in the Globe & Mail and he’s a frequent guest on CBC’s nightly news. For a time, we were both bloggers for the Investor Education Fund’s “Masters of Money” blog series. He first came to my attention when he self-published a book on RRSPs. At the time he was a little-known financial advisor. I reviewed the book in the Post, interviewed him on what was then the Wealthy Boomer web video interviews and the rest is history. Preet wrote the feature on calculating your returns in the current issue of MoneySense and will be making the odd contribution in future issues.

We “splurge” on lunch

Those who follow either of us on Twitter may be amused to hear of a sidebar to this podcast, which touches on the topic of “guerrilla frugality.” Preet came up to the MoneySense offices on One Mount Pleasant on Thursday, equipped with his MacBook Air and a new portable mic he had just acquired. We conducted the interview in my office, then adjourned for lunch. I mentioned a nearby mid-scale eatery popular around here but Preet indicated he preferred to eat something light and healthy. “Like a salad?” I asked. When he affirmed this was his preference I suggested a nearby Swiss Chalet. I’ve been on a diet and exercise kick myself for the past six months and find that the “West Coast Salad” at Swiss Chalet is a very tasty filling meal, with the bonus that it’s eminently affordable.

So Swiss Chalet it was but Preet wasn’t done. We’d also ordered a couple of waters with lemon then decided to “splurge” after on coffee. When the bill was presented, Preet used his smartphone to snap a photo of the rather modest bill, then proceeded to post it on Twitter, remarking on our collective “splurge.”

When I retweeted it to my followers I commented that our luncheon choice wasn’t so much predicated by “guerrilla frugality” but by health and dietary considerations.

All in all a fun and productive few hours. As they say too often at Cineplex previews, “enjoy the movie.”

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My new Financial Independence blog now live at

Further to the weekend’s post here and as promised, my first MoneySense blog on Financial Independence has just been published. Click here to view and note that three copies of Findependence Day are up for grabs — but only two days remain to take advantage of it. After that, you’ll need to procure a copy via this web site.

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New Financial Independence blog coming at

Jon Chevreau at MoneySense

Apologies for a hiatus blogging here but the new position as editor of MoneySense magazine has not permitted a lot of blogging. Since joining five weeks ago, we have put out the June issue of the magazine, now available on newsstands and the iPad.

I’m happy to report that I will soon be blogging at, though it’s unlikely the frequency will be anything like the old Wealthy Boomer blog housed at the Financial Post.

The new blog will likely be titled simply Financial Independence, which is of course the ongoing theme of this site here at One of the things I’ll be doing on the blog is reviewing any books that touch on this theme: publishers and book publicists take note! My email at the magazine is

By the way, the first piece I’ve written for the print edition of the magazine (June issue on news stands now) is the Editor’s Note at the front. There I note what this site often sets out: the difference between “Retirement” and “Financial Independence.” It also introduces a new writer to the magazine: Preet Banerjee and announces acting editor Dan Bortolotti is now our Editor at Large. Dan’s cover story on “Renovate your portfolio” presents three low-cost ETF portfolios of the “Couch Potato” genre he and the magazine are famous for.

Change a life for 20 bucks

MoneySense publishes seven issues a year and costs about $20 a year to subscribe, or less if you’re a Rogers customer. I’d say that’s pretty good value. Click here for details on how to subscribe or better yet, provide a gift subscription to a loved one. (Change someone’s life for 20 bucks!)

In addition to the new blog, I continue to “tweet” (@JonChevreau) and will also start scrolling my Twitter feed and other feeds associated with the magazine.

Lots of other stuff to come!

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