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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. EP293 How to Cope with Financial Stress

EP293 How to Cope with Financial Stress

Jun 27, 2023

Today we delve into the findings of the 6th Annual Financial Stress Index released by FP Canada, which reveals that money remains the number one stressor for Canadians. In this episode, we share actionable strategies to alleviate financial stress as we go beyond the numbers and engage in a candid discussion with  The Real Bottom Line host Wendy Brookhouse and Financial Therapist Aseel El-Baba.

You will learn the reasons behind the escalating stress surrounding finances, leading many to feel hopeless in their financial journey, as well as the sense of disempowerment that arises when we perceive our finances as being beyond our control. Listen in as we explain the significance of evaluating our income and shifting from a scarcity mindset to one of abundance.

“People are feeling as though their finances are outside of their control which is very dis-empowering. These are things we are in control of but because there is so much happening it is like a tornado sweeping us off of our feet and that is causing a sense of hopelessness when we lose touch with the things we are in control of.” - Aseel El-Baba

This Week on Young Money:

  • The results of the 6th Annual Financial Stress Index from FP Canada.
  • The number of people losing sleep around money.
  • Why so many people are feeling hopeless when it comes to finances.
  • What has led to the inflated stress around finances.
  • What you can focus on right now that will increase your confidence with money.

Key takeaways:

  1. You are in control of your finances.
  2. Understand how much your income is.
  3. Shift your mindset from scarcity to abundance.
  4. Think bigger than the box you put yourself in.

Connect with Aseel El-Baba:

Connect with Wendy Brookhouse:

Resources Mentioned:

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