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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. EP018 Cashflow Cookbook with Gordon Stein

EP018 Cashflow Cookbook with Gordon Stein

Feb 6, 2018

Gordon Stein is the Senior Vice President of Global Sales at Pronto Forms, a leading workflow automation company. Prior to his current role, he headed the Enterprise, Education & Technical Consulting teams and lead the Apple IBM Partnership for Apple Canada.  He has served on the Dean’s Advisory Council of the Engineering Faculty of Western University and is a former Governor of the Crescent School as well as the Western University Alumni Association.

Gordon is the author of Cashflow Cookbook, a new kind of personal finance book that provides readers with 60 easy-to-follow financial recipes to help them add between $700,000 to over $2-Million of wealth, with minimal sacrifice, over the course of 10 years.

Gordon joins me today to share what inspired him to write his book, Cashflow Cookbook, and how the simple idea of saving money on monthly car washes has led him on a mission to help people discover unique strategies to save money and build wealth. Cashflow Cookbook has a savings track for both singles and families so that everyone can reap the rewards. He also shares why he believes it’s better to track your net worth rather than focusing exclusively on your budget and shares tips on how you can begin saving money today to build your net worth.

 

“The key is to lock in those savings into something that’s going to be productive to help you build your net worth.” - Gordon Stein

 

This Week on Young Money:

  • Why identifying what you’re truly passionate about and excel at is critical to your success
  • Identifying what the world needs - and how you can serve this need
  • His biggest financial turning point
  • Why he advises young adults to focus on building their net worth
  • What he wishes he knew about finances sooner in life
  • The main focus of his book and how it helps readers build net worth
  • How often you should review and track your net worth progress
  • The importance of reducing recurring expenses

 

Resources Mentioned:

 

Key Takeaways:

  1. Track your net worth regularly.
  2. Learn everything you can about money and investing.
  3. Reduce recurring expenses.

 

 

Connect with Gordon Stein:

 

 

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