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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. EP275 Finding Hope Through Financial Fitness

EP275 Finding Hope Through Financial Fitness

Dec 27, 2022

It seems the news and social media headlines have become very disheartening through 2022. Personal debt delinquencies are on the rise, consumer bankruptcy activity is expected to increase in 2023, and COVID supports have stopped for the most part, with some people required to pay back amounts they received in error. In this bleak economic environment with high inflation and interest rates, remaining hopeful for good things to come is essential. So, in this episode, I am going to be sharing what you can do to find hope through financial fitness.

Listen in as we go over the importance of monitoring your news consumption and being more intentional with the media you are reading, watching, or listening to. You will learn the benefit of knowing your financial situation, how to make a realistic plan for your finances, and why it is a great practice to include gratitude in your daily routine.

“It is important to stay abreast of news developments and trends, but it doesn’t need to be a 24-hour consumption. Get the facts from sources you trust and then stop consuming the info until your next update.” - Tracey Bissett

This Week on Young Money:

  • How to find hope in a bleak economic environment.
  • The importance of monitoring how much news you’re consuming.
  • Why you shouldn’t constantly be listening to the news.
  • The benefit of being intentional.
  • Why it is essential that you set a budget for yourself.
  • The importance of knowing your financial situation.
  • How to make a more realistic plan for your finances.
  • How to make a 2023 money focus.
  • The importance of practicing gratitude.

Key takeaways:

  1. Be informed on your terms.
  2. Know your financial situation.
  3. Make a realistic plan for financial fitness.
  4. Have a 2023 money focus.
  5. Practice gratitude.
  6. Help others.

Resources Mentioned:

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