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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. EP235 How to Protect Yourself from the Romance Scam

EP235 How to Protect Yourself from the Romance Scam

Mar 1, 2022

March is fraud prevention month in Canada, but we should be careful all year round. Scammers are sophisticated and innovative in their craft, making it very hard to know what is real and what is not. So, in this episode, I will be sharing steps you can take to avoid being swindled out of your money through a romance scam.

Listen in as I explain the importance of checking the legitimacy of investments and why you should never trust unsolicited opportunities. You will learn key red flags to be aware of when it comes to romance scams, why talking about your situation to others is crucial, and why you should report cyber-crime when you spot it.

”If someone you have never met is pressuring you to send money, don't be afraid to say NO!” - Tracey Bissett

This Week on Young Money:

  • How to spot a scammer.
  • Why we should be careful of unsolicited opportunities.
  • The importance of checking the legitimacy of an investment.
  • Why you shouldn’t trust phone numbers that have been given to you online.
  • Several red flags to watch out for.
  • Reasons you should report a scam.
  • Who to report a scam to.
  • What to do if you have already given money.

Key takeaways:

  1. Do your due diligence.
  2. Be careful with online apps.
  3. Keep records of online conversations.
  4. Research photos.
  5. Report crime if you see it.

Resources Mentioned:

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