Linda Stern is a Senior Manager and Licensed Insolvency Trustee at Crowe Soberman Inc. With over twenty-five years of experience working in Canada, primarily in consumer insolvency matters consulting with individuals overwhelmed with debt, Linda helps people find solutions that work best for their financial and personal situations. In this episode, she joins the show to share her advice on what to do if you find yourself in debt, as well as how not to get overloaded with debt as you move forward in life. Listen in as Linda explains the importance of patience within her profession and why it is essential to understand the advice you are receiving from your Insolvency Trustee. (If you are unsure, ask questions!) You will learn the current landscape of debt and bankruptcy in Canada, why creating a budget for your spending is important, and success tips for managing your finances. “Providing information clearly and with patience is key.” - Linda Stern This Week on Young Money: What a licensed insolvency trustee is. What Linda is seeing with respect to Canadians and debt levels. Whether there have been more people filing for bankruptcy as of late. What you need to know about working successfully with an insolvency trustee. Common missteps to avoid when it comes to debt. The importance of understanding your spending. Key takeaways: Be patient. Ask questions. Create a budget. Understand your spending. Seek professional advice. Connect with Linda Stern: LinkedIn Website Twitter Resources Mentioned: Tracey Bissett – Money Coach YouTube Channel EP044 Dangers of Payday Loans EP057 Bankruptcy and Consumer Proposals what does it mean with Doug Hoyes EP149 Adulting 101: How to Deal with Overwhelming Debt Levels with Taz Rajan, Bromwich + Smith EP184 Credit Canada Debt Solutions with Keith Emery This episode is powered by the Cash Control Bootcamp Has this episode inspired you about your business? To start a new venture or take yours to the next level requires you to understand your cash flow cycle, how to manage it, profitably price your products and services, have those difficult conversations with stakeholders and so much more. To help you learn those critical skills I have developed the Cash Control Bootcamp - a live, online group program that empowers entrepreneurs just like you to demystify your business finances and get control of your money so you can sleep better and provide the lifestyle you want for you and your family. Check out all the details here. Enrolment is now open for The Cash Control Bootcamp - Know Your Numbers, Protect your Business and Grow for the Future - Register here today.  Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

Young Money with Tracey Bissett

EP216 How to Deal with Debt Overload with Linda Stern, Crowe Soberman

Lena Sisco is a former Department of Defense (DoD) certified Military Interrogator and Naval Intelligence Officer who served in the Global War on Terror. In 2013, Lena started her own company called The Congruency Group to offer specialized consulting and training services. Today Lena joins the show to discuss body language and the power of being able to detect deception, as well as some helpful tips for us to use in our personal and professional lives. Listen in as Lena shares several examples of how to build trust with someone in order to get the truth. You will learn how to set the tone of a meeting simply through your body language, how to make a stronger connection with someone, and why we should never jump to conclusions. “When you can connect with people, that’s when they start to trust you. That’s when the guard goes down.” - Lena Sisco This Week on Young Money: What we can learn from others' body language. How to tell if someone is lying. How to build trust with someone in order to get the truth. The best way to validate our observations to make sure we aren't jumping to conclusions. How you can feel empowered to move forward after deception has happened. How to strengthen your connection to someone. The importance of letting your body language remain natural. Key takeaways: Be mindful of your body language. Communication is a combination of verbal and non-verbal. Don’t jump to conclusions. Talk with your hands. Have open conversations. Let people know how you feel. Be confident in yourself. Connect with Lena Sisco: Website LinkedIn Truth Sisters Academy Resources Mentioned: Tracey Bissett – Money Coach YouTube Channel   Join us for the Financial Foundation to Entrepreneurial Peace Training –  Learn the Keys to Financial Basics & Money Mastery With Money Coach Tracey Bissett Starting Monday, October 11. Register at bizpeace.com! This LIVE training has been specifically designed for future and existing entrepreneurs across all industries online and  offline who want to proactively change the way they are handling their money matters and navigate the current  environment with success. In this LIVE Training You Will Learn: Session 1: Cash Flow 101 & Why it is Important to Know your #s (Key #1) & Cash Flow Forecasting 101 (Key #2)Monday, October 11 at 2pm EST Session 2: Pricing 101 (Key #3)Tuesday, October 12 at 2pm EST Session 3: Stakeholder Conversations (Key #4)Wednesday, October 13 at 2pm EST Session 4: Putting into Practice your Full Set of Keys (Key #5)Thursday, October 14 at 2pm EST Bonus Sessions: Money Mindset, Success Stories & Q&AFriday, October 15 starting at 2pm EST If you want to make informed, powerful money decisions, you do not want to miss this important LIVE training.  We kick things off on Oct. 11th so head over to bizpeace.com to get registered today. Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

EP215 Detecting Deception and Understanding Body Language with Lena Sisco

Stephanie Koonar is a marketing professional, academic, career coach, and workshop facilitator. Stephanie offers “Meaningful Career” private coaching and online courses supporting young people and those in mid-career transitions. Today she joins the show to discuss the importance of finding your reason for living—or ikigai—in order to live a more purpose-driven and fulfilled life. Listen in as she shares her advice for building practical skills, as well as growing your network so you can broaden your knowledge. You will learn the benefit of learning about other cultures, why it is important to be open to different world views, and tips for any job-seekers looking to make their way into a long-term career. “It’s really about applying your gifts and strengths to a career that’s meaningful to you.” - Stephanie Koonar This Week on Young Money: Stephanie’s background and how she became involved in her career. The inspiration that led Stephanie to write her book. What the ikigai framework is and why we should care about it. Why it is important to learn about other cultures. The benefit of thinking about the long game in your education and career. Key takeaways: Find your purpose. Build your network. Broaden your social circle. Be open to different views. Connect with Stephanie Koonar: Website Facebook LinkedIn Resources Mentioned: Tracey Bissett – Money Coach YouTube Channel Gift Bundle: https://backpacktobriefcase.ca/bundle/ $300 discount code: giftbundle Backpack to Briefcase: A Student's Guide to a Meaningful Career Journey by Stephanie Koonar EP043 Create a Stand Out Cover letter, Resume and LI Profile with Kamara Toffolo EP110 Milli Moves: ASPIRE with Karla Badger-Brown of Toronto Finance International EP153 Milli Moves: Financial Fitness Tips from Centennial College Students  EP210 Maximize Your Earning Potential using LinkedIn with Sabita Singh   Join us for the Financial Foundation to Entrepreneurial Peace Training –  Learn the Keys to Financial Basics & Money Mastery With Money Coach Tracey Bissett Starting Monday, October 11. Register at bizpeace.com! This LIVE training has been specifically designed for future and existing entrepreneurs across all industries online and  offline who want to proactively change the way they are handling their money matters and navigate the current  environment with success. In this LIVE Training You Will Learn: Session 1: Cash Flow 101 & Why it is Important to Know your #s (Key #1) & Cash Flow Forecasting 101 (Key #2)Monday, October 11 at 2pm EST Session 2: Pricing 101 (Key #3)Tuesday, October 12 at 2pm EST Session 3: Stakeholder Conversations (Key #4)Wednesday, October 13 at 2pm EST Session 4: Putting into Practice your Full Set of Keys (Key #5)Thursday, October 14 at 2pm EST Bonus Sessions: Money Mindset, Success Stories & Q&AFriday, October 15 starting at 2pm EST If you want to make informed, powerful money decisions, you do not want to miss this important LIVE training.  We kick things off on Oct. 11th so head over to bizpeace.com to get registered today. Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

EP214 Backpack to Briefcase with Stephanie Koonar

Anjali Pradhan, CFA, is an investment coach to women through her business Dahlia Wealth. She teaches women to invest their money so that they can grow their wealth and live a life filled with opportunity, and her services are offered through a unique online program called “Investing for Boss Ladies.” In this episode, Anjali will be joining the show to share her expertise on investments and explain how you can start getting involved in investing today. Listen in as she describes how to get diversification in your money and why you should always start investing at an early age rather than waiting. You will learn the benefit of hiring a professional or asking for help when you start thinking about investing, as well as several mistakes to avoid in the process. “When you are a business owner, you set the hours.” - Anjali Pradhan    This Week on Young Money: Anjali’s background and how she got involved in finances. The challenges she faced as a woman in finances. How she has found a work-life balance. Success tips for investing. Why it is important to start investing at a younger age. Surround yourself with people who are also money conscious. Mistakes to avoid when investing your money. Key takeaways: Invest your money. Do your research. Maximize employee benefits. Manage your money. Be responsible. Connect with Anjali Pradhan: Instagram TikTok LinkedIn YouTube Resources Mentioned: Tracey Bissett – Money Coach YouTube Channel EP062 What is your Money Mindset? EP038 Investor Spotlight Part 1 EP039 Bitcoin and Other Cryptocurrencies Demystified with Alan Wunsche EP040 Investor Spotlight Part 2 EP047 Adventures with Crypto – 5 Lessons Learned with Digital Wallets and Buy Transactions EP179 Milli Moves: Bitcoin – Investing or Gambling? EP181 Milli Moves: How to Avoid FOMO When Investing EP189 Milli Moves: Non-Fungible Tokens (NFTs) Explained EP195 Milli Moves 5 Lessons Learned from My First NFT Purchase EP211 Milli Moves: How to Maximize your Employee Benefits Join us for the Financial Foundation to Entrepreneurial Peace Training - Learn the Keys to Financial Basics & Money Mastery With Money Coach Tracey Bissett Starting Monday, October 11. Register at bizpeace.com! This LIVE training has been specifically designed for future and existing entrepreneurs across all industries online and offline who want to proactively change the way they are handling their money matters and navigate the current environment with success. In this LIVE Training You Will Learn: Session 1: Cash Flow 101 & Why it is Important to Know your #s (Key #1) & Cash Flow Forecasting 101 (Key #2)Monday, October 11 at 2pm EST Session 2: Pricing 101 (Key #3)Tuesday, October 12 at 2pm EST Session 3: Stakeholder Conversations (Key #4)Wednesday, October 13 at 2pm EST Session 4: Putting into Practice your Full Set of Keys (Key #5)Thursday, October 14 at 2pm EST Bonus Sessions: Money Mindset, Success Stories & Q&AFriday, October 15 starting at 2pm EST If you want to make informed, powerful money decisions, you do not want to miss this important LIVE training. We kick things off on Oct. 11th so head over to bizpeace.com to get registered today. Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

EP213 Journey to Investing and Entrepreneurship with Anjali Pradhan, Dahlia Wealth

Deciding on a purchase can be harder than it seems. As a society, we are bombarded with choices and advertisements are everywhere fighting for our attention. People go about the buying process in many different ways, from researching everything to making a split-second decision on what to spend their hard-earned dollars on. So, in this episode, I am going to walk you through my purchasing pro tips to give you confidence the next time you are thinking about making a purchase. Listen in as I share the importance of contemplating whether you actually need an item before you spend money on it and how to decipher if you can actually afford it. There is nothing worse than buying something and then never using it. Not only did you waste your money, but you deprive yourself of something else you could have had instead. But if you follow these tips, they'll help you avoid this issue moving forward. “The first thing we should be thinking about is: do we need what we are contemplating buying?” - Tracey Bissett     This Week on Young Money: How to ensure what you are wanting to buy is actually necessary. Why assessing whether you can truly afford something before haphazardly spending is key. When you should ask the experts for help. How to avoid wasting your hard-earned money. The importance of doing your research before making a purchase. Key takeaways: Do your research. Understand your finances. Assess your wants and needs. Ask for help. Resources Mentioned: Tracey Bissett – Money Coach YouTube Channel Join us for the Financial Foundation to Entrepreneurial Peace Training - Learn the Keys to Financial Basics & Money Mastery With Money Coach Tracey Bissett Starting Monday, October 11. Register at bizpeace.com! This LIVE training has been specifically designed for future and existing entrepreneurs across all industries online and offline who want to proactively change the way they are handling their money matters and navigate the current environment with success. In this LIVE Training You Will Learn: Session 1: Cash Flow 101 & Why it is Important to Know your #s (Key #1) & Cash Flow Forecasting 101 (Key #2) Monday, October 11 at 2pm EST Session 2: Pricing 101 (Key #3) Tuesday, October 12 at 2pm EST Session 3: Stakeholder Conversations (Key #4) Wednesday, October 13 at 2pm EST Session 4: Putting into Practice your Full Set of Keys (Key #5) Thursday, October 14 at 2pm EST Bonus Sessions: Money Mindset, Success Stories & Q&A Friday, October 15 starting at 2pm EST If you want to make informed, powerful money decisions, you do not want to miss this important LIVE training. We kick things off on Oct. 11th so head over to bizpeace.com to get registered today. Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

EP212 Milli Moves: Purchasing Pro Tips

Today I’m going to be sharing how to maximize your employee benefits package. You’ve heard me talk about the importance of reading through legal agreements before, and the same is true when it comes to this area. Read everything related to your benefits, make notes, ask questions, and ask for a guide. To help you understand the important parts to be looking at, I’m going to break down the benefits into two groups: money for you and money savings for you. Listen in as I explain what an Employee Stock Plan is, as well as why you should always take advantage of employee matching through RRSP or TFSAs. You will learn the importance of reassessing your benefits annually and after any major life event, why you must understand what comes with naming a beneficiary, and how to utilize your Employee Assistance Plans. “Reassess your benefits if you have a life change, typically a marriage, divorce, or new dependent like a baby.” - Tracey Bissett     This Week on Young Money: How to make the most of your employee benefits. Why it is important to ask for help when you don’t understand something. The two groups of benefits you should be looking into. What you need to know before selecting a beneficiary. The importance of reassessing your benefits after a major life change. Key takeaways: Do your due diligence. Ask questions. Assess your benefits annually. Understand what you are signing up for. Resources Mentioned: Tracey Bissett – Money Coach YouTube Channel Toronto Star Article - In Your Corner: The Key to Maximizing Your Workplace Benefits. Find out what they are Join us for the Financial Foundation to Entrepreneurial Peace Training - Learn the Keys to Financial Basics & Money Mastery With Money Coach Tracey Bissett Starting Monday, September 20. Register at bizpeace.com! This LIVE training has been specifically designed for future and existing entrepreneurs across all industries online and offline who want to proactively change the way they are handling their money matters and navigate the current environment with success. In this LIVE Training You Will Learn: Session 1: Cash Flow 101 & Why it is Important to Know your #s (Key #1) & Cash Flow Forecasting 101 (Key #2) Monday, September 20 at 11am EST Session 2: Pricing 101 (Key #3) Tuesday, September 21 at 11am EST Session 3: Stakeholder Conversations (Key #4) Wednesday, September 22 at 11am EST Session 4: Putting into Practice your Full Set of Keys (Key #5) Thursday, September 23 at 11am EST Bonus Sessions: Money Mindset, Success Stories & Q&A Friday, September 24 starting at 11am EST If you want to make informed, powerful money decisions, you do not want to miss this important LIVE training. We kick things off on Sept. 20th so head over to bizpeace.com to get registered today. Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

EP211 Milli Moves: How to Maximize your Employee Benefits

Sabita Singh is the President of Trivetta Consulting Inc, which she formed in 2018. After recognizing the power of LinkedIn, Sabita specialized in becoming a strategic LinkedIn coach, trainer and speaker. She is now known for writing all-star LinkedIn profiles for her clients to improve their visibility. Today she joins the show to discuss how to build an ACTIVE presence on LinkedIn to attract new career and business opportunities. Listen in as Sabita shares the importance of staying in contact with your network regardless of how busy you may be with your career. You will learn the importance of having an emergency fund, how to add the right individuals to your network and how to write the perfect LinkedIn profile. “No matter how busy you get in your corporate job, take time to engage with your network because you never know when you’re going to need help from someone.” - Sabita Singh This Week on Young Money: How to use LinkedIn to build a professional brand. If you can use LinkedIn to grow a business. The key factors that have led to Sabita’s success. The importance of keeping up a network. What social selling is and how to utilize this in your business. How to build meaningful connections. Missteps to avoid when building online relationships. Key takeaways: Diversify your knowledge. Grow a savings account. Build a network. Personalize invitations. Connect with Sabita Singh: LinkedIn Website Resources Mentioned: Tracey Bissett – Money Coach YouTube Channel Join us for the Financial Foundation to Entrepreneurial Peace Training - Learn the Keys to Financial Basics & Money Mastery With Money Coach Tracey Bissett Starting Monday, September 20. Register here! This LIVE training has been specifically designed for future and existing entrepreneurs across all industries online and offline who want to proactively change the way they are handling their money matters and navigate the current environment with success. In this LIVE Training You Will Learn: Session 1: Cash Flow 101 & Why it is Important to Know your #s (Key #1) & Cash Flow Forecasting 101 (Key #2)Monday, September 20 at 11am EST Session 2: Pricing 101 (Key #3)Tuesday, September 21 at 11am EST Session 3: Stakeholder Conversations (Key #4)Wednesday, September 22 at 11am EST Session 4: Putting into Practice your Full Set of Keys (Key #5)Thursday, September 23 at 11am EST Bonus Sessions: Money Mindset, Success Stories & Q&AFriday, September 24 starting at 11am EST If you want to make informed, powerful money decisions, you do not want to miss this important LIVE training. We kick things off on Sept. 20th so head over to bizpeace.com to get registered today. Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

EP210 Maximize Your Earning Potential using LinkedIn with Sabita Singh

I am passionate about helping young millionaires in the making accomplish their goals by becoming financially fit, and a key part of this equation is education. Unfortunately, paying for school can be stressful, but it is possible for you to reduce the financial burden with scholarships. So why not make use of other people’s money? In today’s episode, I am going to share secrets to scholarship success to make it easier for you to secure scholarships. Listen in as I explain the benefit of taking the time to apply for a scholarship—even if you are not in serious financial need or there are many other applicants. You will learn the best time to apply for a scholarship (hint: you can apply at any time!), why you should not solely rely on school-provided scholarships, and how to stand out from the crowd of applicants. “Use the opportunities that don’t cost you anything and are going to give you opportunities to build your resume and make you stand out.” - Shelley Clayton This Week on Young Money: Why your grades don’t dictate your potential for awards. The importance of applying for scholarships even if you believe there are too many applicants. Why it is never too late to apply for a scholarship. The benefit of applying even if you are not in financial need. Why writing a cover letter for your application is key. Key takeaways: Be persistent. Educate yourself. Put yourself out there. Stand out. Work hard. Resources Mentioned: Tracey Bissett – Money Coach YouTube Channel EP028 Fund Your Education with Loyalty Points by Suzanne Tyson of HigherEdPoints EP030 Janet MacDonald of MYCAMPUSGPS Navigates Postsecondary Education EP042 Best of Tips for Postsecondary Education EP048 Increasing Access to Post Secondary Education with Shelley Clayton EP113 Milli Moves: How to Pay for Postsecondary School with Suzanne Tyson EP122 Milli Moves: Accessible Post Secondary Education with Chris Wilkins, SchoolFinder Group EP152 Milli Moves: Scholarship Success with Shahab Rad, Centennial College Graduate EP159 Milli Moves: Seeking Scholarships with Glenda Healy EP171 Spotlight on Young Money Scholarship Recipients Leeah & Erica EP176 Spotlight on Young Money Scholarship Recipients Sharaf & Courtney Scholarships Canada HigherEdPoints My Campus GPS Seeking Scholarships Join us for the Financial Foundation to Entrepreneurial Peace Training - Learn the Keys to Financial Basics & Money Mastery With Money Coach Tracey Bissett Starting Monday, September 20. Register below! This LIVE training has been specifically designed for future and existing entrepreneurs across all industries online and offline who want to proactively change the way they are handling their money matters and navigate the current environment with success. In this LIVE Training You Will Learn: Session 1: Cash Flow 101 & Why it is Important to Know your #s (Key #1) & Cash Flow Forecasting 101 (Key #2)Monday, September 20 at 11am EST Session 2: Pricing 101 (Key #3)Tuesday, September 21 at 11am EST Session 3: Stakeholder Conversations (Key #4)Wednesday, September 22 at 11am EST Session 4: Putting into Practice your Full Set of Keys (Key #5)Thursday, September 23 at 11am EST Bonus Sessions: Money Mindset, Success Stories & Q&AFriday, September 24 starting at 11am EST If you want to make informed, powerful money decisions, you do not want to miss this important LIVE training. We kick things off on Sept. 20th so head over to bizpeace.com to get registered today. Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

EP209 Secrets to Scholarship Success

We are all in different places in our financial fitness journey. Similar to physical fitness, we could be taking our first step off the couch to walk around the block, or we could be further along and training for a marathon. It is the same when we talk about financial fitness—we could be simply learning about credit cards, or we could be learning to become sophisticated investors. So, in this episode,  I want to go back to basics and talk about financial literacy, specifically what you are doing to advance yours.  Listen in as I explain what financial literacy and financial resilience are, and share several steps you can take to increase both of these areas in your life. You will learn the importance of consistently moving toward your goals, how to ensure your finances match your goals, and the benefit of seeking professional advice when you are unsure. “Everyone’s pace on the journey looks different.” -  Tracey Bissett This Week on Young Money: The importance of taking small actions every day to move toward your goals. Why it is important to start wherever you are, no matter where that is. The benefit of taking advantage of books, podcasts, or whatever you have access to for information. Why we must learn from our mistakes instead of simply giving up. Why it is okay to change your financial goals to reflect your life plans. Key takeaways: Build on the foundations you have. Be resourceful. Don’t give up. Seek professional help. Resources Mentioned: Tracey Bissett – Money Coach Youtube Channel Watch Out for Revenge Spending Article EP202 Revenge Spending 101 Biz Peace Training  12 Month Money Planner Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.  

EP208 What Are YOU Doing To Increase Your Financial Fitness?

We have been fortunate to have so many amazing guests on the show over the years, sharing their stories and knowledge with us. From children as young as seven to young adults making waves in the investment space, these millionaires in the making have so much wisdom to give. So, in this episode, I want to provide you with some of my favorite clips from several of these incredible young folks. Listen in to hear what inspired and motivated these young investors to begin investing, as well as the lessons they have learned throughout their journey. You'll learn about the strategies they use to build their wealth and their portfolios and more. “Think of money as a tool. You have to learn how to use it, make it, and make it grow.” -  Leanna Haakons This Week on Young Money: How many people have graduated with student debt. Why it is essential to be aware of the costs of your education. Why you must have an understanding of what credit card debt can lead to. Common misinformation around investing. How much money you really need to make an investment. The importance of understanding the types of investments you can make. Key takeaways: Be open. Be curious. Be persistent. Pay off debt. Do your research. Take calculated risks. Resources Mentioned: Tracey Bissett – Money Coach Youtube Channel EP018 Cashflow Cookbook with Gordon Stein EP002 Out of the Mouths of Young Money Masters EP024 Young, Fun and Financially Free with Leanna Haakons of Black Hawk Financial EP038 Investor Spotlight Part 1 EP040 Investor Spotlight Part 2 EP053 Choose Your Path to Financial Success  Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.  

EP207 Financial Fitness Round Up from Millionaires in the Making

The 2021 Tokyo Olympics have been unlike any we have had before. Delayed by a year due to the pandemic, and with COVID-19 restrictions in place resulting in health precautions and limited attendance, this year's Games have offered many lessons and takeaways that can be applied to financial fitness, and I'm excited to share those with you today. Listen in as I discuss the importance of consistency when growing your wealth and knowledge around finances, as well as the benefit of taking calculated risks with your money. You'll learn why you should never be afraid to ask questions, why consistent saving is crucial, and how mental health plays into all of this. There is so much to be learned from these athletes, and I hope you will implement some of these lessons into your financial strategies. “Educating ourselves, starting small, and consistently saving and investing with time on our side to earn compound interest is the key.” - Tracey Bissett This Week on Young Money: Why you should be aware of your mental health. The importance of saving consistently and investing your money. Why you should never stray away from asking for help when needed. The benefit of having someone help you with your finances. Why taking care of yourself first is so important. Key takeaways: Consistency is key. Be bold. Ask questions. Mental health matters. Resources Mentioned: Tracey Bissett – Money Coach Youtube Channel EP018 Cashflow Cookbook with Gordon Stein EP024 Young, Fun and Financially Free with Leanna Haakons of Black Hawk Financial EP034 Jeremiah Brown The 4 Year Olympian EP038 Investor Spotlight Part 1 EP040 Investor Spotlight Part 2 EP178 Broke Millennial Talks Money with Erin Lowry EP183 Talk Money to Me During COVID and Other Times of Financial Distress with Kelley Keehn LifeWorks Financial Wellbeing Index Canada: Spring 2021  Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.  

EP206 Milli Moves: 3 Financial Fitness Lessons from the 2021 Olympics

Connor Craig joins the show today to share his perspective on post-secondary education life, internships and what he’s been learning about financial literacy. He’s in the Business Management and Organizational Studies program at Western University, and is doubling up with internships at both Capital Markets and with me at Bissett Financial Fitness. In this episode, he discusses everything from work ethic and perseverance to the important lessons he learned in the last year or so. Listen in to hear why Connor decided to pursue business and gain insight into consumer behavior. He shares how important it is to know how to manage finances—even from the early days—and gives some key tips to his fellow millionaires in the making. “I’m a really firm believer in putting in the hard work, and I love seeing outcomes, whether it’s in school or rugby or whatever.” - Connor Craig This Week on Young Money: What influenced Connor's interest in business and finance. How financial literacy affects us from a young age. What you need to do to start gaining financial literacy. Obstacles Connor has had to overcome throughout his university life. The process and experience of applying to the Richard Ivey School of Business. How to juggle multiple projects and responsibilities. Things Connor wishes he knew financially and the budget tool he is working on. The impact of COVID on his school and work experience. Key takeaways: Learn from your elders. Put in the hard work. Be your better self at all times. Take the negative and turn it into positive opportunities. Have a versatile skillset and mindset. Work on time management. Connect with Connor Craig: LinkedIn Resources Mentioned: Tracey Bissett – Money Coach Youtube Channel Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.  

EP205 Student Perspectives on School, Internships and Financial Fitness with Connor Craig

Ean Price Murphy founded Moxie Bookkeeping & Coaching Inc to work with creative businesses and nonprofits - companies who are usually deeply engaged with their work but frequently not comfortable with numbers. In this episode, Ean joins the show to discuss her journey from bankruptcy to successful business owner, as well as the lessons she learned along the way. Listen in as she explains the importance of being resilient and persistent in finding information regarding financial literacy. You will learn the importance of asking the right people the right questions, how to take the mystery out of money, and the benefit of doing your due diligence when seeking financial advice. “I’m a firm believer that small business health is deeply connected to community health.” - Ean Price Murphy This Week on Young Money: The importance of being resilient and persistent in life. Why you must understand your own value. The benefit of doing your own research in terms of wages. Why it's important to talk about money. How to ask the right people the right questions. Why you shouldn’t spend money you don’t have. What to do when your family isn’t comfortable with money. Key takeaways: Be resilient. Don’t be overly attached to the “how.” Ask for help. Let go of the shame around money. Do your due diligence. Advocate for yourself. Connect with Ean Price Murphy: Website Twitter Facebook LinkedIn Instagram Abundantly Clear Facebook Resources Mentioned: EP057 Bankruptcy and Consumer Proposals what does it mean with Doug Hoyes EP066 Living Debt-Free with Shannon Lee Simmons EP149 Adulting 101: How to Deal with Overwhelming Debt Levels with Taz Rajan, Bromwich + Smith EP184 Credit Canada Debt Solutions with Keith Emery Tracey Bissett – Money Coach Youtube Channel Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

EP204 From Bankruptcy to Business Owner with Ean Price Murphy

Jackie Porter is an awarding-winning certified financial planner, best-selling author, and featured speaker who has helped thousands of clients grow their net worth, build a fortress around their finances, and keep more of their cash in their pockets. In this episode, Jackie joins the show to talk about Anti-Black racism in Canada and its adverse economic and social effects on Black Canadians. Listen in as Jackie explains her experience growing up without knowing about the value of money, as well as the moment that changed her life in regards to this. You will learn what financial racism is, why access to financial education is not equal, and what actions we can take to eliminate Anti-Black racism in our country moving forward. “Racism is real, and people need to understand that.” - Jackie Porter This Week on Young Money: Jackie’s experience growing up without knowing about the value of money. What redlining is and why the impacts are still being felt despite it being illegal. Why it is harder for Black Canadians to build wealth through homeownership. The barriers Black Canadians experience in financial education. How we can increase financial literacy as a whole. Why it is not just about being empathetic, but rather how you can take action. Key takeaways: Do your research. Have a business-first mindset. Make a plan. Find and utilize resources. Connect with Jackie Porter: Website Twitter Facebook LinkedIn Instagram Legacy Box Resources Mentioned: EP006 What are Your Intentions ... Financially Speaking with Jackie Porter? EP069 How to be Financially Resilient with Jackie Porter BCG report Black Opportunity Fund website Black North Initiative Redlining in Canada  Impact of Anti-Black Racism in Canada BDC Black Entrepreneur – Building Black Businesses Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

EP203 Financial Impacts of Anti-Black Racism in Canada with Jackie Porter

Have you heard about "revenge spending"? This term was created to describe the frenzied spending that is taking place now that people are able to get out and spend their money again. This rush to spend typically follows an unprecedented event—such as the pandemic—as people seek to reclaim control and a sense of normalcy. So in this episode, I will be sharing the steps you can take to avoid revenge spending and become more financially confident. Listen in as I explain the importance of having an emergency fund and why so many people are not financially prepared if they were to suddenly lose their job. You will learn the importance of creating a budget to ensure you are not spending money you don’t have and why you shouldn’t base your spending on how others are spending. “Financial confidence is strongly related to financial well-being.” - Tracey Bissett This Week on Young Money: How to manage the revenge spending urge. What percentage of Canadians rank money as their greatest source of stress. How many people couldn’t afford to live for a week if their income suddenly disappeared. The importance of creating a budget and how can this can secure your financial future. What an emergency fund is and how to implement that into your savings plan. Key takeaways: Create a budget. Have an emergency fund. Pay off debt. Set boundaries. Resources Mentioned: LifeWorks Financial Wellbeing Index Canada: Spring 2021 Young Money Scholarship Tracey Bissett – Money Coach Youtube Channel  Biz Money Club – Want a casual meet up with business owners? Join us for the weekly Biz Money Club meet-up – register at bizmoneyclub.com  Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

EP202 Revenge Spending 101

This is the stuff you need to know to get smart with your money, financially fit and start making millions. Tracey Bissett, Founder of Bissett Financial Fitness, gives you the straight goods each week to set yourself up for financial success. As a Chartered Financial Analyst who’s helped hundreds of small business owners understand and take control of their own financial future, Tracey goes behind-the-scenes of all the money matters with need-to-know tips, money-making demystified, and special power-player interviews. Join us weekly for Financial Fitness Training that will turn even a Cash Couch Potato into a Marathon Money Maker.

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Young Money with Tracey Bissett

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