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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.

Mar 10, 2020

Young and old people alike need to consider how to protect themselves from fraud and prevent identity theft. Fraud can be initiated in several ways, including by telephone, email, text message, and online as well as through social networks, postal mail, or in-person. There are a few steps you can take to make it more difficult for criminals to hack or obtain your information. When you take appropriate measures and make yourself a harder target, you discourage the attention of criminals.


Today, in honor of Fraud Prevention Month, I share how you can reduce your risk of fraud and identity theft. I share the risks linked to our online activities and how fraudsters can take control of your cellphone and your credit.  I highlight tips on preventing fraud, including when to be cautious about sharing your information. I also share the details of the organizations you should contact if you lose your phone, wallet, or suspect you are being targeted by criminals.

“You need to take good care of your personal information, whether it's electronic or on paper.” - Tracey Bissett

This Week on Young Money:


  • Identity theft risks associated with our reliance on phones and online accounts
  • How fraudsters can take control of your cellphone number
  • Protecting your online information with strong passwords
  • Securing and restricting access to physical information
  • What cellphone port protection is
  • Organizations you should report fraud to
  • Using caution when disclosing personal information, using unsecured public networks, and responding to suspicious messages

Resources Mentioned:


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