Economic Struggles, Bank of Canada Insights, and Real Estate Readiness

Are you bleeding money on streaming services? It might be time for a hard reset.

In this episode of The Green Effect, Stephen Green gets personal about the "subscription creep" that hits most of our bank accounts. He shares his recent strategy that drastically slashed his monthly streaming bill and offers practical advice on how you can audit your own expenses to save significant cash every month.

But it's not just about saving money; it's about understanding the economy we are living in right now. Stephen takes a somber but necessary look at the current global climate and the emotional weight it carries. We dig into the reality of the Canadian economy, specifically the struggles in the youth job market and what the Bank of Canada's latest moves mean for your financial future.

Finally, is it actually a buyer's market? Stephen wraps up with critical advice for potential homebuyers, explaining why "emotional readiness" is just as important as financial readiness when navigating real estate today.

In this episode, we cover:

• The Subscription Audit: Practical steps to cut monthly costs without completely sacrificing entertainment.

• The Canadian Economy: A look at job market struggles and the rise in youth unemployment.

• Bank of Canada: Insights into economic predictions and interest rates.

• Real Estate Reality Check: Why research beats timing the market, and how to know if you are ready to buy.

Quotes from this Episode:

"I brought our subscription services down... I probably saved myself 150 to 200 bucks a month." "Do your research, understand what you're buying."

"If you are emotionally ready, buy a home."