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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.

Aug 6, 2019

As a young adult, learning how to achieve financial freedom and stability can be challenging if you don’t know where to begin. Learning the importance and value of saving and investing is paramount, but with money and personal finance, true success comes from learning at your own pace.

 

Today, I share the financial fitness lessons that I would share with my younger self. I explain the importance of saving your money and learning to invest at a young age. I discuss the importance of taking a close look at your spending habits. I also explain why you should take more risks and explore all of the opportunities that are presented to you.

 

“Everyone can take a calculated risk at any age, but it is a lot easier to do the younger you are and you have less responsibilities.” - Tracey Bissett




This Week on Young Money:

 

  • The importance of saving your money. 
  • Considering whether your spending habits are frivolous.
  • Why you should learn about investing at a young age.
  • Starting small and saving towards the things that are important to you. 
  • Taking more risks with investing and your career while you are young. 
  • Why you should thoroughly explore opportunities, even if you don’t end up taking them.




My Top 3 Financial Fitness Lessons:

 

  1. Save more even when you don't know what it is for.
  2. Learn about investing and actively do it sooner.
  3. Take more risk.




Resources Mentioned:

 





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