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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. EP272 Financially Fit Holidays

EP272 Financially Fit Holidays

Dec 6, 2022

With the holidays just around the corner, many Canadians are wondering how they’re going to make their budgets work when it comes to gift-giving and holiday travel. In fact, according to new research from Interac Corp., the majority of Canadians say they are facing barriers that hinder feelings of financial control this year, with 49% saying the current economic situation has negatively impacted their confidence in managing everyday finances. So how can we set ourselves up for a successful holiday season ahead? In this episode, I will be sharing some tips and tricks for navigating the holidays so that you can feel more confident when it comes to your finances.

Listen in as I explain how to communicate with your loved ones about what they may benefit from this season so that you can help them in a meaningful way rather than simply giving them a gift. You will learn that it is okay to let your loved ones know about your financial situation so that they are aware of what you can do and how to have fun this season, even if your budget is a little tighter than usual.

“Things don’t have to be hard on your finances to make an impact.” - Tracey Bissett

This Week on Young Money:

  • The number of people feeling a lack of confidence in their finances this year.
  • Why holiday spending is expected to fall a significant percent.
  • How you can offer to help your loved ones during the holiday season.
  • Tips for navigating the holiday season.
  • The benefit of communicating with your loved ones about their wants this season.
  • Free options to celebrate the holidays with loved ones.

Key takeaways:

  1. Re-frame the season.
  2. Get back to basics.
  3. Set limits.
  4. Be honest about your situation.
  5. Make a list.

Resources Mentioned:

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