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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. EP271 Mental Health and Money

EP271 Mental Health and Money

Nov 29, 2022

It is becoming increasingly clear that money and our mental health are directly tied together. The stress of not having money can cause anxiety, increase tiredness, and make us physically sick, more irritable, and short-tempered. So, it is critical that we make sure we're staying on top of our finances, seeking help as needed, and accepting our imperfections.

In this episode, I will share three tips that can improve your mental health when it comes to money and finances to help you throughout this financially stressful time. Listen in to make sure you have the tools and tricks you need to minimize the stress you’re carrying in relation to finances in your life.

"When you don’t know the facts, your situation can feel overwhelming. So get down to the facts of your financial situation.” - Tracey Bissett

This Week on Young Money:

  • How mental health can be impacted by finances.
  • Several statistics around people’s current mental health in regard to finances.
  • How to avoid feeling overwhelmed about your finances.
  • The benefit of asking for help when it comes to your finances.
  • How to make a plan for your finances.

Key takeaways:

  1. Calculate your net worth.
  2. Review your budget.
  3. Negotiate lower rates.
  4. Get your financial facts.
  5. Don’t go it alone.
  6. Make a plan.
  7. Have grace with yourself.

Resources Mentioned:

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