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This is the stuff you millionaires in the making need to know to kick start or propel you on your financial fitness journey. Tracey Bissett, Founder of Bissett Financial Fitness and award winning Financial Literacy Champion, gives you the straight goods each week to set yourself up for financial success. As a former executive at TD Bank, one of Canada's Big 5 Banks, Tracey has worked with and in support of thousands of individuals and entrepreneurs to secure the financing they needed.  This hands on experience combined with her formal financial education, Masters of Business Administration and Chartered Financial Analyst designation, position Tracey uniquely to coach all things money. 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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  2. EP063 Money Mindfulness with Jessica Moorhouse

EP063 Money Mindfulness with Jessica Moorhouse

Jan 1, 2019

Jessica Moorhouse is a millennial money expert, host of the Mo’ Money Podcast, and the founder of Millennial Money Meetup, a financial literacy event for young Canadian adults. She is an Accredited Financial Counselor Canada®, a public speaker, an award-winning finance blogger and appears as a regular guest on CTV’s Mind the Gap. Additionally, she is frequently featured in publications such as the Huffington Post, The Globe and Mail, Yahoo Finance, and Metro News. 

 

Jessica joins me today to share how she helps people in financial debt to build their financial confidence and improve their money mindfulness. She explains what Money Mindfulness is and highlights the six steps of her Money Mindfulness Challenge. She also shares her experiences of tracking finances and adjusting her spending habits and explains how many millennials are following a new trend of shopping minimalism. 

 

 

“Once you educate yourself, you arm yourself with that knowledge. You also then get rid of this crazy anxiety and fear that so many people feel.” - Jessica Moorhouse 

 

 

 

This Week on Young Money: 

 

  • Her journey into financial literacy advocacy. 
  • How she helps people work through financial debt and build financial confidence through advocacy and personal finance counseling. 
  • What is money mindfulness and why is it important for people to track their money and introduce new financial spending habits.  
  • How millennials are moving away from the idea of consumerism and moving towards a trend of minimalism, shopping detox, and owning only the things that they need or love. 
  • The six steps of the Money Mindfulness Challenge. 
  • How to gain financial clarity by calculating your net worth. 
  • What it’s like to take the Money Mindfulness Challenge and the changes you will feel in your life. 
  • Tips for making money mindfulness a habit in your life.  
  • How Jessica’s new course “Investing Foundations for Canadians” helps you easily understand how to start investing.  
 
 

 

 

The 6 Steps of the Money Mindfulness Challenge: 

 

  1. Make a plan for your finances - consistently track your spending and your net worth.  
  2. Look at your spending to find your problem areas.  
  3. Get a post-it and write down the top three things that you overspend on. 
  4. Delete any investment apps on your phone. 
  5. Check your credit score. 
  6. Join Jessica’s Facebook group. 

 

 

Resources Mentioned: 

 

 

 

Connect with Jessica Moorhouse: 

 

 

 

 

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