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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. EP237 Fun with Fraudsters

EP237 Fun with Fraudsters

Mar 15, 2022

As we continue to celebrate Fraud Prevention Month in Canada, it’s important to remember that we should be aware of scammers all year long. I recently spoke with one of my friends, Bonnie, who shared some of her recent interactions with fraudsters and how she switched things around to have the joke on them. So, in this episode, I wanted to share some of these stories with you. Although all fraud should be taken seriously, these are some fun ways that the tables can be turned.

To give you some background on Bonnie, she has had a long career in financial services in the areas of audit, risk management, compliance, anti-money laundering, and so much more. As a result, she has tremendous experience in detecting things that are not quite right. I had a laugh as she shared these stories with me, and I hope you do too! 

”Be vigilant and call your relative back on the number you have if you are concerned.” - Tracey Bissett

This Week on Young Money:

  • Several funny stories of how the tables have been turned on fraudsters.
  • The importance of being aware of scammers.
  • Why we must be wary of unknown numbers.
  • The benefit of educating your loved ones on these scams.
  • Why you should never give access to your computer to strangers on the phone.
  • How to avoid getting caught in the “grandparent scam.”

Key takeaways:

  1. Don’t give out your information.
  2. Be aware of fraudsters.
  3. Be vigilant.
  4. Protect yourself.

Resources Mentioned:

 

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