Preview Mode Links will not work in preview mode

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.

  1. All Episodes
  2. EP251 Financial First Aid with Alyssa Davies, founder of Mixed Up Money

EP251 Financial First Aid with Alyssa Davies, founder of Mixed Up Money

Jun 28, 2022

After going through financial problems herself, Alyssa Davies discovered a need for a safe and non-judgemental space for people to discuss their finances. This discovery led to the creation of her finance blog, Mixed Up Money, which has now won Canadian Personal Finance Blog of the Year twice. Today Alyssa joins the show to discuss the importance of having open conversations about finances so that people can become educated and protect themselves from financial uncertainty.

Listen in as she explains why having an emergency fund is crucial, as is having a backup fund that you can rely on in a relationship in case something happens later down the line. You will learn the importance of automating whatever you can, how to evaluate your safety net, and what to do if you’re experiencing financial abuse.

“I recommend to all of my friends in relationships to have a backup fund because you never know what life will throw your way.” - Alyssa Davies

This Week on Young Money:

  • What a day in the life of Alyssa looks like.
  • What pushed her to start her finance blog.
  • What an emergency fund is and how to create one.
  • Why planning for unexpected expenses is so important.
  • Why you should protect yourself by having an additional backup fund.
  • What a safety net is and how to evaluate this.

Key takeaways:

  • Educate yourself on finances.
  • Discuss finances openly.
  • Build an emergency fund.
  • Start small.
  • Automate whatever you can.

Connect with Alyssa Davies:

Resources Mentioned:

Rate, Share & Inspire Other Young Millionaires-in-the-Making 

Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts.

Don’t forget to share your favorite episodes on social media! 

Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.