The Millennial Psychology of Money (Canada Edition)

In this episode, we unpack how economic timing shapes financial psychology.

The average first-time homebuyer in Ontario is now 40 years old. A decade ago, it was 34. In just ten years, the entry point into homeownership has shifted dramatically — and that shift changes how an entire generation thinks about money.

We explore what it means to come of age financially during the 2008 financial crisis. For many millennials, those early investing years weren’t marked by steady growth — they were marked by market lulls, uncertainty, and caution. Even though the stock market has historically returned strong long-term averages, your relationship with risk is shaped by what you experience when you first enter the system.

We compare that to Gen X’s volatility. Gen X lived through recessions and crashes too — but often after they were already positioned in careers, assets, or homeownership. Millennials, by contrast, hit economic instability right at launch.

We also talk about Canadian housing specifically — how Canada didn’t experience the same housing collapse in 2008 as the U.S., and instead saw continued price growth. That meant there was no “reset” moment for affordability. The ladder kept moving upward.

This episode isn’t about blaming a generation.

It’s about understanding how timing shapes confidence, caution, and decision-making.

Because money isn’t just math.

It’s memory.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(46)

The AI Bubble

Is AI the future — or are we watching the hype start to crack?In this episode of Real Ones and Robots, Casey and Jay unpack the real costs behind the AI boom: the electricity and water needed to run m...

1 Jul 15min

Yes, You Can Change History (Erasure, Addition, and the Fight Over Whose History Gets Told)

A federal judge’s ruling caught my eye a few weeks ago — a court ordering the Trump administration to restore national park signs about slavery, Indigenous history, and climate change that had been st...

21 Jun 34min

Plot Twist: Why World Cup Players (and Their Mamas) Were Denied Entry

Three guys, three countries, same two weeks of the same World Cup. A referee gets turned away at the Miami airport after eleven hours of questioning. A goalkeeper's mom misses her son's biggest game e...

18 Jun 8min

To Ban or Not to Ban Social Media for Kids?

Canada wants to ban kids under 16 from social media and AI chatbots. Manitoba’s already moving. Australia tried it six months ago. So — does it work?This week, Casey B and AI co-host Jay get into what...

16 Jun 15min

A New Name, A New Season

After a much-needed break, I’m back.In this short update, I share why the podcast is changing from Me, Myself & AI to Real Ones & Robots, where I’ve been over the past few months, and what’s ahead for...

14 Jun 2min

Underdogs: The people we need

In this episode of Me, Myself & AI, Casey asks a bold question: Why am I always rooting for the underdog? From the Toronto Raptors proving the world wrong—again—in the 2026 playoffs, to Stephen Curry ...

2 Mai 8min

What Changed with Student Loans in Ontario and Why It Matters

Student funding in Ontario is shifting, and it’s going to affect how much students rely on debt.In this episode of Me, Myself, and AI, Casey B and J break down the key changes from the Ontario governm...

24 Apr 8min

Cuba Isn’t in the Headlines, But It Should Be

Cuba isn’t trending.But maybe it should be.While much of the world looks elsewhere, millions of people in Cuba are dealing with real, daily challenges—food shortages, blackouts, and limited access to ...

19 Apr 13min