Young Money with Tracey Bissett

Tracey Bissett
Young Money with Tracey Bissett

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.

  1. EP331 Financial Literacy Month with FCAC

    HACE 6 DÍAS

    EP331 Financial Literacy Month with FCAC

    In this Financial Literacy Month special of Young Money, we're joined by Rana Abu-Naameh, Director General of Supervision at the Financial Consumer Agency of Canada (FCAC). With her extensive background in public service and financial oversight, Rana sheds light on how FCAC protects consumer rights and enhances financial literacy across Canada. Listen in as Rana dives into the critical aspects of FCAC’s mandate, focusing particularly on the streamlined consumer complaint handling process. She explains the steps consumers should take if they have grievances with financial products or services, detailing both the internal and external complaint processes. Rana also highlights the recent legislative changes that strengthen consumer protections, including mandated electronic alerts to help Canadians manage their banking more effectively. “If you’re frustrated with the situation, don’t just sit with it. There is a process to protect you.” - Rana Abu-Naameh This Week on Young Money: An overview of FCAC's role and its impact on financial consumer protection in Canada. A detailed explanation of the consumer complaint handling process. Insights into recent enhancements in financial consumer protection laws. Key takeaways: Understand how to effectively lodge and escalate complaints within the financial system. Learn about your rights as a consumer when dealing with financial institutions. Discover the tools and resources provided by FCAC to enhance your financial literacy and safeguard your interests. Connect with Rana Abu-Naameh: LinkedIn Resources Mentioned: External complaints bodies: know your rights - Canada.ca One external complaints body for banking - Canada.ca Filing a complaint about financial products and services - Canada.ca FCAC (LinkedIn) To learn more about FCAC, visit: https://www.canada.ca/en/financial-consumer-agency/corporate/about.html Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

    17 min
  2. EP330 Small Business Path to Impact with Pouya Zangeneh, Scotiabank

    22 OCT

    EP330 Small Business Path to Impact with Pouya Zangeneh, Scotiabank

    As we celebrate Small Business Month in Canada, I'm delighted to speak with Pouya Zangeneh, the Senior Vice President of Small Business Banking at Scotiabank. With over a decade of experience in the financial services industry, Pouya shares his insights from Scotiabank's recent report, "Path to Impact 2024: Navigating the Future Succession and Success in the Digital Era." Listen in as Pouya discusses the trends impacting small businesses, including the imminent 'succession tsunami' where many business owners plan to transition their businesses in the next decade. He explores the importance of digital transformation in preparing for these transitions, whether it's to a new owner or the next generation. Pouya also emphasizes how digitization not only enhances customer experiences but also streamlines operations, making businesses more attractive and operationally resilient. "We need to invest, we need to think, and we need to do the work to get these businesses ready for the future generation of the leaders within the small business landscape in Canada." - Pouya Zangeneh This Week on Young Money: Insights from Scotiabank's "Path to Impact 2024" report. The concept of a 'succession tsunami' and what it means for current and future business owners. The role of digital transformation in preparing businesses for succession. Key takeaways: Implement succession planning tied to digital transformation efforts. Enhance digital capabilities in your small business. Seek advice and embrace digital tools to streamline business operations. Connect with Pouya Zangeneh: LinkedIn Scotiabank Small Business Banking Navigating the Future, Succession and Success in the Digital Era Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

    19 min
  3. EP329 Canadian Holiday Spending Outlook with PwC

    15 OCT

    EP329 Canadian Holiday Spending Outlook with PwC

    In this episode, I’m joined by Elisa Swern, a national retail and consumer leader and partner at PwC Canada. With over 25 years of experience in the retail and consumer goods sectors, Elisa brings her extensive expertise to discuss the findings of PwC's Canadian Holiday Outlook Survey for 2024. Listen in as Elisa dives into the expected increase in consumer spending this holiday season, despite economic challenges. She also highlights the spending behaviors across different generations and provinces and shares insights into the growing importance of sustainability in consumer choices. You'll learn about the rise of digital payment methods, the intriguing trends around physical gifts and secondhand purchases, and more. "They are willing to pay a little bit more to get that quality that they feel will last." - Elisa Swern This Week on Young Money: The general consensus for holiday spending according to the survey. How spending and plans stack up for Gen X, Gen Z, and Millenials. When people are planning to make their holiday purchases. The motivations driving what they buy and how. The findings on sustainability that came out of the survey. Key takeaways: Despite cost of living concerns, Canadians plan to ramp up their spending this holiday season. We are seeing a shift toward sustainability and ethical consumerism. Spending patterns differ among different generations. Digital payments and secondhand purchases are gaining popularity. Connect with Elisa Swern: LinkedIn PwC Canada Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

    17 min
  4. 8 OCT

    EP328 More Than A Number with Meridian Credit Union

    Are you feeling overwhelmed by rising living costs and seeking better financial guidance? In this episode, we sit down with Shawn Kauth, Vice President of Wealth at Meridian Credit Union, who brings nearly three decades of experience in the financial industry. Shawn discusses the results of Meridian's 'More Than a Number' survey, revealing critical perspectives on financial insecurity among Canadians. Listen in as Shawn addresses the concerns different demographics face, including the anxiety experienced by Gen Z and the challenges women face regarding long-term financial futures. You will learn how to navigate the current financial environment by prioritizing personalized service and seeking out professional advice. Shawn encourages everyone to take charge of their financial education, set realistic goals, and build a supportive relationship with their financial institutions. “Canadians are looking for a more personal touch across various aspects of their financial needs.” - Shawn Kauth This Week on Young Money: The role of credit unions in Canada. Differences between banks and credit unions. The importance of financial education for Canadians. Insights from Meridian's 'More Than a Number' survey. How to build a supportive banking relationship. Strategies for managing rising living costs. The financial concerns of women and Millennials. Understanding Gen Z's anxiety about money. The value of seeking professional advice. Practical steps to set financial goals. Key takeaways: Credit unions offer personalized service. Financial education is crucial. Set realistic financial goals. Seek professional advice early. Build supportive banking relationships. Connect with Shawn Kauth: LinkedIn Resources Mentioned: Meridian OneCap Credit Corp Meridian Motusbank Amid financial stress, nearly half (46%) of Canadians are open to banking alternatives to manage their money Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

    17 min
  5. 1 OCT

    EP327 Student Loan Repayment Explored with NerdWallet Canada

    Are you or someone you know dealing with student loans or getting ready to navigate the world of repayment? In this episode, I sit down with Clay Jarvis, NerdWallet Canada’s mortgage and real estate expert, to discuss essential strategies for managing student loans and making smart financial decisions. We'll dive into practical advice for students just starting their loan repayments, adjusting payments to fit your financial situation, and what to do if you’re struggling to make payments. Clay also highlights the importance of budgeting and why parents should have financial conversations with their kids before they head off to university. Listen in to learn how disciplined loan repayments can set you up for a brighter future, as well as how parents can offer emotional and financial support while encouraging smart money habits. “You do not want to stop paying your loans. You can simply shrink your payment as much as you need to, and then when you start earning more money, you can increase those payments.” - Clay Jarvis This Week on Young Money: What NerdWallet is and how it helps consumers make smart financial decisions. How to start managing student loan repayments. Ways to adjust loan payments based on your financial situation. What to do if you can’t make a payment on time. Tips for parents to support their children financially and emotionally. The role of budgeting in financial success. Why talking to kids about money before university is crucial. How disciplined loan repayment improves your financial future. Key takeaways: Be smart about saving. Adjust loan payments as needed. Never stop paying your loans. Budget before heading to university. Parents: offer both financial and emotional support. Connect with Clay Jarvis: LinkedIn NerdWallet Resources Mentioned: NerdWallet: Website | LinkedIn Answers to 3 Common Questions About Student Loan Repayment Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

    22 min
  6. 16 JUL

    EP326 NerdWallet's Guide to the Costs of Fertility Treatments

    Have you ever wondered about the true costs of fertility treatment in Canada? In today's episode, we sit down with Shannon Terrell, a lead writer and spokesperson for NerdWallet, to explore the financial realities many Canadians face when seeking fertility treatments. With one in six Canadian couples experiencing infertility, understanding the costs and financial options available is crucial. Shannon shares insights from a guide she developed, offering a comprehensive look at the various methods of fertility treatments and their associated costs. Listen in as we discuss where Canadians can find financial support for fertility treatments. Shannon explains the limited government funding available in some provinces and how to navigate these options. She also covers the potential benefits of personal loans or lines of credit, emphasizing the importance of understanding the fine print. Shannon provides valuable tips on how to approach family and friends for financial support, making these tough conversations a bit easier. “Infertility is an important conversation to have. Not only is it a complex medical journey but it’s a complex financial journey as well.” - Shannon Terrell This Week on Young Money: What a typical day as a writer for NerdWallet looks like. The broad spectrum of fertility costs. What Canadians can expect to pay for fertility treatments. Where can Canadians look for financial support. How to find out what your province or territory offers.   Key takeaways: Understand the high costs of fertility treatments in Canada. Explore provincial financial support options. Consider personal loans for treatment expenses. Learn how to ask family for financial help. Connect with Shannon Terrell: LinkedIn NerdWallet NerdWallet Website NerdWallet LinkedIn Fertility Treatment Costs in Canada: What You Need to Know EP301 Will Swifties Save or Sink into Debt? EP321 TikTok Credit Card Tips Reviewed by NerdWallet Canada Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

    27 min
  7. EP325 Spotlight on V.I.L. Landscaping founder Charlie Kerrigan

    18 JUN

    EP325 Spotlight on V.I.L. Landscaping founder Charlie Kerrigan

    In this episode, I’m joined by Charlie Kerrigan, the founder of V.I.L Landscaping and host of The Hard Lessons Podcast. Starting his business in 2016 with just a push mower, Charlie has grown V.I.L Landscaping into a thriving enterprise and aims to become one of the top landscaping companies in Canada. Listen in as Charlie shares his journey, from being a young entrepreneur knocking on doors to running a company with multiple locations and a dedicated team. He emphasizes the importance of surrounding yourself with mentors, the necessity of cash flow management, and building a strong team culture. Charlie also provides practical advice for young entrepreneurs, discussing key success factors and common missteps to avoid. "No one else is going to show up for you or care more about you than you will. So making it clear to yourself where you want to get and where you want to go is super important.” - Charlie Kerrigan This Week on Young Money: Charlie's journey from solo entrepreneur to running a successful landscaping business. The significance of cash flow management and financial planning. Tips for young entrepreneurs. Missteps to avoid in the early stages of entrepreneurship. Key takeaways: Control your destiny and be strategic in your decisions. Surround yourself with mentors and people who push you to be better. Understand the importance of cash flow and financial planning. Build a strong team culture and ensure everyone understands their impact on the business. Connect with Charlie Kerrigan: LinkedIn V.I.L Landscaping Instagram The Hard Lessons Podcast Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

    18 min
  8. EP324 Advice to My Younger Self with Martha Ibrahim

    5 JUN

    EP324 Advice to My Younger Self with Martha Ibrahim

    In this episode, I’m joined by Martha Ibrahim, a certified accountant with 13 years of experience in capital markets regulation and a champion of financial inclusion projects in Nigeria. Martha shares her journey and the inspiration behind her book, Things I Wish I Knew Before I Got My First Job, which highlights the seven keys to personal finance, personal growth, and self-leadership. Listen in as she offers invaluable advice on the importance of personal finance, the necessity of multiple streams of income, and the four essential skills everyone should develop. You'll learn about the significance of self-education, what Martha would tell her younger self, and more. "The time will come where what you have is dependent on the decisions you made in the past.” - Martha Ibrahim This Week on Young Money: The inspiration behind Martha’s book and her key messages for young professionals. The importance of personal finance and multiple streams of income. Essential skills for personal and professional growth. The value of self-education and mentorship. Key takeaways: Think long-term and build intentionally. Develop essential skills in accounting, marketing, selling, and communication. Embrace self-education and seek mentorship. Always take action and plan for the future. Connect with Martha Ibrahim: LinkedIn Rate, Share & Inspire Other Young Millionaires-in-the-Making  Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts. Don’t forget to share your favorite episodes on social media!  Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.

    28 min
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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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