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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. EP041 Striving to be Financially Fit with Monica Da Ponte

EP041 Striving to be Financially Fit with Monica Da Ponte

Jul 24, 2018

Monica Da Ponte is the founder of Strive, a social company that seeks to change the way we see and define financial literacy to advance our individual and collective resiliency. Her company is currently piloting a peer-to-peer based program with St. Mikes Hospital in Toronto to curate financial journeys and demonstrate the ingredients of financial success. Additionally, she holds Bachelor and Masters degrees in Business Administration from the Schulich School of Business.

Monica joins me today to discuss how she views the concept of financial literacy and how she seeks to help others reach their financial goals. She describes the challenges a lot of workers face when it comes to financial freedom and what she thinks needs to happen to overcome those challenges. She also explains how Strive works and the importance of setting financial goals to achieve financial fitness.

“Money enables you to do the things you want to do and control things to move in the direction you want them to move.” -  Monica Da Ponte

  

This Week on Young Money:

  • What inspired her to pursue a career in the financial literacy industry.
  • How she achieved financial success.
  • Critical points in her career that helped elevate her business.
  • Her opinion on why surviving on minimum wage is next to impossible.
  • The biggest revelation in her life from a financial perspective.
  • The mission behind Strive and how they help people build financial literacy and resiliency.
  • How setting financial goals can help you become financially fit.
  • Evaluating the costs of pursuing goals.
  • The Strive Purchasing Process:
    • Understanding the unique value of a particular product/service
    • Understanding the total costs associated with the product/service
    • Understanding alternatives

 

Monica Da Ponte’s Key Factors for Financial Success:

  • Be insanely practical.
  • Know what’s important to you.
  • Have the ability to problem-solve.
  • Set financial goals - money is a huge enabler of freedom.
  • Things add up – create space that you can use to be strategic and take risks.

Resources Mentioned:

Connect with Monica Da Ponte:

 

  

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