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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 30, 2022

Throughout the pandemic, immigration plateaued in Canada. However, as we continue to rebuild after the last few years, we have seen a huge influx of newcomers. To better understand the experiences of newcomers and the unique challenges they face as they begin their lives in Canada, Scotiabank conducted interviews with some of these newcomers. In this episode, Tracy Gomes, SVP Retail Customer Value at Scotiabank, will be sharing what they learned from this research and sharing her advice for anyone hoping to improve their banking skills as they live in Canada.

Listen in as Tracy describes the top challenges that newcomers experience when they move to Canada, as well as how to build up your financial literacy. You will learn the importance of protecting yourself from fraud, why you should reach out for help if you need it, and the benefit of learning how credit products work.

“Moving to a new country presents all kinds of challenges and worries, and getting set up financially can be one of the most significant.” - Tracy Gomes

This Week on Young Money:

  • Challenges that newcomers to Canada experience.
  • The benefit of building up your credit score.
  • Why being aware of fraud is crucial.
  • The importance of making banking easier for everyone.
  • The value in having financial literacy provided to everyone.

Key takeaways:

  • Build up your financial literacy.
  • Learn how credit products work.
  • Build up credit.
  • Beware of fraud.
  • Get access to online banking.

Connect with Tracy:

Resources Mentioned:

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