Most Canadians are still playing by rules that don’t work anymore.
Save diligently. Pay down your mortgage as fast as you can. Avoid debt at all costs.
Work 40 years. Hope there’s something left at the end.
That’s the script I saw repeated again and again when I worked in banking. And I can tell you — it didn’t work.
Because the people who actually built wealth? They weren’t following the old playbook.
They understood that the system itself had changed.
That inflation eats away at cash. That the banks profit more when you don’t know how to use
debt strategically. That real opportunity lies in assets that produce income and grow in value.
That’s the “new game.”
And the more I watch what’s happening in today’s economy, the more I realize how important it
is to understand the cause of what’s going on — not just the noise.
I’ll give you an example.
I listen to a lot of podcasts these days. (It’s replaced the calls I used to take from the road —
maybe not more efficient, but a better education!) One of my go-to listens is The Loonie Hour.
This week, one of the hosts said something that stuck with me:
A lot of the noise right now — inflation, tariffs, unpredictable interest rates — those are
symptoms, not the cause. The real cause is dollar devaluation.
That hit me.
Because when you strip it down, it’s the truth.
Your money today buys less than it did five years ago. Your savings erode quietly in the
background. And the “old rules” — save, pay everything down, avoid leverage — actually make
you weaker in this environment, not stronger.
This is why I hammer on the point: the game has changed.
And if you’re still playing by the old rules, you’ll feel stuck.
The good news?
Once you see the new rules — and how to use them to your advantage — you’re no longer just
reacting to symptoms. You’re building something real in spite of them.
That’s what I help my clients do every day.
If you’re wondering whether you’re still stuck in the old game, let’s talk.
Talk soon,
— Vince
