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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.

Nov 1, 2022

November is Financial Literacy Month in Canada. During Financial Literacy Month, the Financial Consumer Agency of Canada engages and works together with organizations across the country to help strengthen the financial literacy of individuals and families. The theme for 2022 is: Managing Your Money in a Changing World. Throughout the month, they’re focusing on different themes for each week, and in this episode, I will be explaining how you can make a difference in your financial situation today.

As the financial marketplace grows increasingly complex, it is crucial that Canadians have the knowledge, skills, and confidence to make informed decisions about the financial products and services that best meet their needs. Financial fitness is important, not only for the financial well-being of individuals, but also for the economy. Remember: understanding the basics of money is as essential today as numeracy and basic literacy, so make sure to tune in! ​

Financial literacy means having the knowledge, skills, and confidence to make responsible financial decisions. This requires small, imperfect actions each day and showing kindness to ourselves when we make a misstep.” - Tracey Bissett

This Week on Young Money:

  • The theme of this year's financial literacy month.
  • The importance of taking small, imperfect steps towards financial literacy every day.
  • How to find the balance between debt repayments and daily spending.
  • Why you should think carefully about borrowing money from banks.

Key takeaways:

  1. Educate yourself about finances.
  2. Don’t let your debt get out of control.
  3. Find your financial balance.
  4. Save for future goals.
  5. Borrow money wisely.
  6. Know your rights.


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