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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.

Jan 16, 2018

Ellen Wright is an experienced veterinary technician with eight years of experience in the field. Throughout her career, she has worked with countless animals and breeds. While she left her career as a veterinary technician to follow her dream of becoming a registered nurse, she still pursues her love and passion for animals, specifically cats and dogs, by offering pet sitting services.

Ellen joins me today to share how you can plan to make sure you’re ready for the cost of having a pet. She also shares how various breeds play a significant role when purchasing pet insurance, the potential health concerns that can affect different pets and breeds, and how to properly plan travel arrangements for yourself and your pet.

I'll also share valuable tips to help you find the right pet that suits you, your lifestyle, and your budget and the things I considered before purchasing my beloved pet, Rosie.

 

“Planning the type of pet you get before you even purchase it is really important for your pocket book.” - Ellen Wright

 

This Week on Young Money:

  • The importance of considering your lifestyle when choosing a pet
  • Initial acquisition and ongoing costs of pet ownership
  • The importance of having pet insurance
  • Biggest financial challenges pet owners need to know
  • How the breed determines the potential expense regarding potential health issues and travel arrangements
  • Wanting a pet versus needing one

 

Key Takeaways for Young Millionaires-in-the-Making:

  • Consider your lifestyle when choosing a pet.
  • Consider your family and their opinions about pet ownership.
  • Consider the size of your home and how much space it can provide.
  • Consider how much time you can commit to owning certain pets.
  • Consider the initial acquisition, ongoing, and general costs of pet ownership.
  • Plan ahead! Get pet insurance while they’re young. Do it early. Do it before they’re sick.

 

Connect with Ellen Wright:

 

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Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to iTunes and leave us a rating and review. Don’t forget to share your favorite episodes on social media!

 

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