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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. EP087 Canadian MoneySaver with Lana Sanichar

EP087 Canadian MoneySaver with Lana Sanichar

Jun 18, 2019

Lana Sanichar is the President and Editor-in-Chief of Canadian MoneySaver, an independent investment advisory magazine and the co-host of The MoneySaver Podcast, a show which helps educate Canadians about money, saving, reducing debt, increasing assets, and safeguarding interests. Leading the Women’s Financial Awareness Group in her hometown, she helps inspire other women to take control of their finances. Lana also writes for several publications such as the Kincardine Independent and Costco Magazine.

 

Lana joins me today to share her story and explain the importance of having the right mindset to achieve financial fitness. She shares the three key elements that helped her secure her financial future, such as starting to save and invest as early as possible. She explains why it’s vital to invest in your education and to find mentors that can help you along the way. She also shares the incredible power of compound interest and how seeing it in action creates an addictive saving nature.



“Mindset is such a huge thing in personal finance. It’s just getting over that and taking those initial steps" - Lana Sanichar



This Week on Young Money:

 

  • What Lana’s typical working day looks like.
  • The mindset and three things that helped Lana find success.
  • The turning point in her life that led her to secure her financial future.
  • Tips for young adults who wish to secure their financial future.
  • The importance of education and mentorship.
  • The power of compound interest and starting to save and invest as early as possible.
  • The addictive nature of saving and staying within a monthly budget.


Key takeaways:

 

  1. Start saving, no matter how small, to secure your financial future.
  2. Invest in yourself and your education.
  3. Find a mentor.
  4. Find a side hustle to earn more money.
  5. Negotiate and ask for what you want.


Resources Mentioned:

 


Connect with Lana Sanichar:

 





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