How to save your money, and your country, in a trade war

A stated objective of President Trump's trade war is to cause Canada economic pain, in an apparent effort to bully Canada into becoming the 51st state. That strategy assumes there is a level of financial hardship at which Canadian resolve will weaken. The tactic is designed to cost the country—and more importantly, every person in it—money, in lost jobs, lost sales, higher prices and in many other ways.

So far, Canada stands strong. A massive push to #BuyCanadian has us squinting at the fine print on every purchase. But it shouldn't stop there. Nor should it break your budget.

After Jordan and Laura trade their own tips on keeping their spending on this side of the border, Jordan interviews Jessica Moorhouse, the author of Everything But Money, host of the More Money podcast and an accredited financial counselor, about how to Buy Canadian and how to thrive in difficult economic times(3:19), how to manage your emotions when it comes to your money in a volatile economy (13:07) and what to do with big purchases and investments and the feeling this is all going to hell (21:48).

Afterwards (29:11), Laura joins Jordan to introduce what will hopefully be the first of many original, patriotic Canadian songs recorded during the current crisis. Today, Lark of Canada, by Chris Rawlings. (Yes, that's Jordan's dad.)

 

 

Feedback from listeners is so, so welcome. If you have something to say, email us: [e-mail].