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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.

Sep 12, 2023

Curious about making the right choices in challenging times? Shannon Lee Simmons, a seasoned Certified Financial Planner (CFP), bestselling author, and founder of the New School of Finance™, joins us to explore her latest book, No-Regret Decisions. Introducing a universal decision-making framework applicable to most scenarios, Shannon emphasizes that setbacks don't define your decision-making ability—they're opportunities for growth. 

Listen in to hear about her three-phase approach: first, avoiding impulsive panic decisions; second, navigating the messy middle phase of decision-making; and finally, adapting to your "next normal" post-decision. You will learn how to craft micro-timelines for clarity and embrace evolving core values. Unlock the secrets of effective decision-making and pave the way for future success!

"No matter what decision someone is trying to make in their life, the actual framework to make that decision is the same.” - Shannon Lee Simmons

This Week on Young Money:

  • The three phases of big decision-making.
  • How to create micro-timelines and what this entails.
  • The benefit of knowing your core values.
  • How to decide what information actually matters.
  • How to set yourself up for future success.

Key takeaways:

  1. Don’t be afraid of taking risks.
  2. Be okay with things not working out.
  3. Create micro-timelines.
  4. Focus on the now.
  5. Don’t make panic-based decisions.
  6. Be mindful of where you get your information.

Resources Mentioned:

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