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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.

Apr 23, 2019

Sean Cooper is an independent mortgage broker, international speaker, personal finance writer, and the author of  Burn Your Mortgage: The Simple, Powerful Path to Financial Freedom for Canadians. His articles on personal finance have been featured in multiple publications such as the Toronto Star, Globe and Mail, MoneySense, and Financial Post. He has made regular appearances on several national television and radio shows including the CBC News Network, Global Morning Show, and Bell Media’s Bell Local Super Savers Show where he discusses topics related to personal finance, pensions and retirement planning, and mortgages and real estate.


Sean joins me today to share how he paid off his mortgage in three short years. He shares tips that can help you get and burn your mortgage at an earlier date, the inspiration for writing his book, and why he feels more focus should be put on financial literacy through the school system. He also shares the criteria that mortgage lenders are looking for and how you can prepare your finances to meet those standards as well as why it is vital to get pre-approved and be aware of the closing costs of homeownership.

“For most Canadians, buying a home is the single biggest financial transaction of their lifetime.” - Sean Cooper

This Week on Young Money:


  • Why Sean decided to get licensed and become a mortgage broker.
  • How a strong work ethic and goal setting has allowed Sean to be successful.
  • Why he feels that financial literacy needs more focus in the school system.
  • How he ‘burned his mortgage papers’ and the inspiration for his book.
  • The lifestyle changes that you can make to get into home ownership.
  • What is the 2-2-2-rule that lenders are looking for?
  • The closing costs and expenses that home buyers will incur.
  • The misconceptions of home ownership and the value of having a mortgage broker.
  • The questions you should be prepared to answer when applying for a mortgage pre-approval.

Key takeaways:


  1. Qualify for a mortgage by focusing on your income, down payment, credit, and debt.
  2. Set a date goal for homeownership.
  3. Save regularly.
  4. Take the time to get pre-approved.

Resources Mentioned:


Connect with Sean Cooper:




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