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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. EP292 Navigating Financial Firsts and Spending Shifts with Interac

EP292 Navigating Financial Firsts and Spending Shifts with Interac

Jun 20, 2023

Will Keliehor, Chief Commercial Officer at Interac, joins the show to discuss the findings of a recent survey that examines how Generation Z approaches their finances and navigates financial firsts amidst current economic conditions. Gen Z is more likely to feel stressed, anxious, and overwhelmed compared to other generations, with 52% believing they will have to work harder for money. However, the survey also reveals that nearly seven in ten Gen Z individuals want to improve their relationship with money. In this episode, Will shares insights on how Interac and Conscious Economics are addressing the emotional barriers faced by Gen Z through financial therapy education, emphasizing the importance of both financial and emotional support. 

Listen in as we discuss practical advice, such as tracking spending, setting priorities, and utilizing available tools, to help Gen Z feel more in control of their finances and create a supportive community. By providing a clear focus on Gen Z's financial challenges, emotions, and aspirations, this episode offers valuable insights for both Gen Z individuals and those seeking to understand and support this generation's unique financial journey.

“Use debit. Track your spending. Set your financial priorities. Set your budget and take money out for your savings to fund whatever you’re trying to fund in the future." - Will Keliehor

This Week on Young Money:

  • Why Gen Z are navigating firsts in finances that older generations never had.
  • How Gen Z is approaching their finances.
  • Why Gen Z is more likely to feel stressed and overwhelmed.
  • What sets this generation apart when it comes to financial matters.
  • How we can help Gen Z feel more in control of their finances.
  • The importance of having the right support around you.
  • What to focus on when managing your money.

Key takeaways:

  1. Find emotional support.
  2. Take charge of your financial well-being.
  3. Create a supportive community.
  4. Utilize the tools available.
  5. Track your spending.

Connect with William Keliehor:

Resources Mentioned:

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