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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. EP217 How to Achieve Biz Peace

EP217 How to Achieve Biz Peace

Oct 26, 2021

Happy small business month! We are celebrating all of our small business owners in Canada this month, and what year it has been. As the pandemic continues, small businesses have had to navigate an ever-fluctuating market and get really creative as they come up with solutions to keep their businesses running. So, in this episode, I want to take some time to celebrate these brilliant business owners and highlight the amazing work they’re doing.

Listen in as I explain what I have witnessed to be the most important processes to have in place for companies as they have to continue to work through uncertain times. You will learn why you should always have an emergency fund, how to appropriately budget your finances, and how to proactively plan for your future.

“Companies that proactively plan are able to be more successful.”  - Tracey Bissett

This Week on Young Money:

  • How to be successful in the event of a market downturn.
  • The importance of planning for the unexpected.
  • Why you should always have a cash reserve for emergencies.
  • How to be agile and quickly adapt in the face of uncertainty.
  • The benefit of continuing to advance your knowledge on your finances.
  • How to navigate conversations with your bookkeeper.

Key takeaways:

  1. Plan for the unexpected.
  2. Have an emergency fund.
  3. Manage debt.
  4. Advance your knowledge.
  5. Take action.
  6. Ask questions.

Resources Mentioned:

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. 

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