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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.

Nov 5, 2019

When you are on a financial fitness journey, you will want to take control of your money and increase your earnings power. There are proven ways to do things to reach your financial goals, from budgeting to spending less than you earn. Putting your finances into order can be quite simple; you just need to know where to start and take that first step.


Today, in honor of Financial Literacy Month, I share tips on how to take charge of your finances. I discuss the theme of this year’s Financial Literacy Month and share essential tips on calculating your expenses, making a budget, and considering your financial goals and dreams. I highlight how to be a smart consumer and how to borrow money wisely while avoiding financial scams. I also share the first steps you need to make to take control of your debt. 

“While it may be a little bit of work, it is so important to know the numbers and ensure you are spending less than you make.” - Tracey Bissett

This Week on Young Money:


  • What is Financial Literacy Month in Canada
  • The “Take charge of your finances!” theme
  • How to calculate if your income is larger than your bills and expenses
  • Why it is vital to spend less than you make
  • What to do if you are spending more than you make
  • Budgeting for your financial goals and dreams
  • How to be a smart consumer
  • How to borrow money wisely
  • Taking control of your debt problems

Financial Literacy Month - Take Charge of Your Finances:


  • Week 1 (November 3 to 9) - Start with a budget
  • Week 2 (November 10 to 16) - Set financial goals
  • Week 3 (November 17 to 23) - Be a smart financial consumer
  • Week 4 (November 24 to 30) - Borrow money wisely

Resources Mentioned:


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