Young Money With Tracey Bissett

Ellen Wright is an experienced veterinary technician with eight years of experience in the field. Throughout her career, she has worked with countless animals and breeds. While she left her career as a veterinary technician to follow her dream of becoming a registered nurse, she still pursues her love and passion for animals, specifically cats and dogs, by offering pet sitting services. Ellen joins me today to share how you can plan to make sure you’re ready for the cost of having a pet. She also shares how various breeds play a significant role when purchasing pet insurance, the potential health concerns that can affect different pets and breeds, and how to properly plan travel arrangements for yourself and your pet. I'll also share valuable tips to help you find the right pet that suits you, your lifestyle, and your budget and the things I considered before purchasing my beloved pet, Rosie.   “Planning the type of pet you get before you even purchase it is really important for your pocket book.” - Ellen Wri

Kristen Nolan is a high-performance health expert, international speaker, and bestselling author who helps busy professionals increase their energy and metabolism so they have the confidence to be seen, and have the stamina to have a huge impact in their careers and personal lives.  She believes that financial and professional success is 100% dependent on how energized, motivated and confident one feels and has made it her life’s mission to help driven men and women achieve success by using simple, yet powerful techniques to bolster their physical health, energy, and stamina.     On today’s episode, Kristen discusses what she does, how she works with her clients, and why she began helping people in the capacity that she is now. She shares her story of being a ballet dancer, her battle for better health, and finding her passion and purpose.  She also shares the factors she believes has been vital in achieving success in her life and career.   “People put themselves and their health on the backburner.” - Kriste

2018 will soon be upon us and as we look to the new year, it’s a great time for us to reflect on 2017 and our hopes for 2018. We need to be aware of how and why we spent our money the way we did this year.   "As we move forward on our collective financial fitness journey it is important to remember to take action!  Even small changes can have a big impact – you don't need to tackle everything at once."  - Tracey Bissett     On today’s episode we are going to examine 2017 and 2018 in relation to the Bissett Financial Framework. I’ll revisit the three elements of the Framework which include 1) Cash Flow, 2) Savings and 2) Debt Management. I’ll also share how you can automate your savings and how to minimize debt so you can be financially fit in 2018.     “Make 2018 the year to get your will and powers of attorney in order – have the right people speak for you when you can't.” - Tracey Bissett   This Week on Young Money: What cash flow provides for your financial fitness, and how to assess it How savings fortif

Rachel Brownlow Lund is the founder of Me 2 Lead, a coaching organization that empowers ambitious millennial women to become well connected influencers and create incredible lives of impact. A passionate communicator and leadership coach, Rachel helps young women overcome feelings of 'compare and despair' and 'I’m not there yet' to become career-savvy change-makers who work, play and lead in their zone of genius. Over the years she has helped dozens of millennial women and men establish lucrative career advancement opportunities, win thousands of dollars in earned grant money and secure key recommendations that move the needle forward.     On today’s episode, Rachel shares her story of how she got into coaching, and why she does what she does. She shares the steps she took that set her up for success and explains what comparisonitis is and how it can affect your financial goals. We also discuss the benefits of mentors, her biggest turning point, and what she wished she would have known at a younger age.   “If

Are you prepared for a financially fit holiday season? Since Halloween, we have been bombarded with holiday decorations, advertisements, and sales to prod us into the holiday spending spirit. What does this mean for you, and what actions can we take?   On today’s episode, I share with you some key economic realities for Canadians and provide tips to help you prepare and maintain your financial fitness during this giving season. I’ll also explain what influences people’s spending decisions and why it’s important to create a list and maintain a budget, especially during the holiday season.   “Approximately 50% of Canadians are living paycheck to paycheck and if it was delayed, by even one week, it would be difficult for Canadians to meet their financial obligations.” - Tracey Bissett   This Week on Young Money: The reality of financial stability for most Canadians The evolution of gift giving Where the consumer’s money goes and how it breaks down What influences spending decisions, and shopping habits The impo

Welcome to the Young Money podcast - the advice show for young millionaires-in-the-making. I’m your host, Tracey Bissett, the President and Chief Financial Fitness Trainer at Bissett Financial Fitness Inc. I’m passionate about helping people - especially young adults and young entrepreneurs - learn more about their finances to be successful in their financial lives. In this episode, I’m sharing my story and how I got started in the finance industry. I’ll also explain what you can expect from this podcast, the type of content we will cover, and why I felt it was important to launch this podcast.   “Understanding financial matters is a fundamental life skill.” -Tracey Bissett This Week on Young Money: Who is Tracey Bissett My first entrepreneurial adventures and the lessons I learned early on Moving from Nova Scotia to Ontario What we do at Bissett Financial Fitness and who we help Why I started the Young Money podcast What to expect from the show   Rate, Share & Inspire Other Young Millionaires-in-the-Ma

Do you want to be a millionaire? This single word is loaded with multiple meanings - and those meanings are different from one person to the next. Many people have strong negative feelings and emotions about becoming a millionaire while others believe it could bring them the life of their dreams. On today’s episode, I’m going to share the plain and simple truth of what a millionaire is, how to calculate your net worth, and the difference between a millionaire and a multi-millionaire. I’ll also explain what the Bissett Financial Fitness Framework is and how it can help you get financially fit in your life and business.   “Even me, I don't think of myself as a millionaire but I am.” - Tracey Bissett This Week on Young Money: Examples of personal assets and liabilities Who should aspire to become a millionaire The psychological and emotional aspects of being a millionaire Limiting beliefs surrounding becoming a millionaire Consistent characteristics of millionaires The financial fitness spectrum   The Bissett

Laura Beauparlant is the owner and Creative Director of Lab Creative, a branding and design firm based in Toronto dedicated to helping entrepreneurs and small business owners align authenticity with their brand design to ensure business success. She is an award-winning public speaker that delivers inspiration and passion-filled presentations on branding and design and loves the chemistry she creates with the people she connects with. She strongly believes that the most important part of developing relationships is communication.   Laura joins me today to share how she got started in her career, why she decided to move out of the country, and how her previous experiences have impacted her life and business. She also shares the biggest turning points in her life and career as they relate to money and finance, her philosophy on working, and the financial planning strategies she implemented following a serious car accident as a young adult.   “If you don’t ask, you don’t get.” - Laura Beauparlant   This Week on Y

It’s hard to be a post-secondary student in today’s economic society. The grades you need to get into post-secondary schools are high and the cost of tuition gets more expensive with each passing year. Although there are often grants, scholarships, and other financial programs available, many post-secondary students use credit cards and student loans to put themselves through school. In fact, 9 out of 10 post-secondary students carry at least one credit card to help make ends meet. On today’s episode, I’m sharing some startling Canadian student debt statistics that are impacting our young adults. I’m also discussing the three biggest mistakes people make when educating young adults about student debt, student loans, and using credit cards as well as how to avoid these mistakes and plan for a better, more financially fit future.   “Credit cards are neither good nor bad. It’s all in how you use them.” - Tracey Bissett This Week on Young Money: Evaluating costs associated with obtaining a post-secondary educat

Jackie Porter is a leading expert in women and finance, a powerful voice in women financial empowerment, and a Certified Financial Planner and Advisor for busy professionals, entrepreneurs, and their families. She has nearly 20 years of experience in the financial planning industry and was recently named a finalist for the Wealth Professional Women of Influence Award for 2017. She is also the co-author of Single by Choice or Chance - a smart woman's guide to living longer and better.   Jackie joins me this week to share her thoughts on financial literacy in today’s society and how she helps her clients discover techniques to make their money work for them. She explains why it’s important for young people to develop a plan regarding their money sooner rather than later, and why protecting your credit is vitally important.   “You really need to be intentional about money. If you don’t care about money, it won’t care about you.” - Jackie Porter   This Week on Young Money:   The pivotal moment in her life that

Knowing and understanding your credit score is critical to being financially fit. Your credit score is a determining factor for many things in your life - from buying a new car and opening a credit card account to purchasing a new home and even getting a job. Many young adults today don’t understand what their credit score means or how the financial decisions they make impact it. On today’s episode, I’m going to explain what your credit score is and why it’s important to periodically check your credit report and address any issues that may arise. I’ll also explain how to check your credit report, how often you should check it, and why your credit history matters.   “Just like you take care with your personal reputation, it is equally or more important to take care of your financial reputation.” - Tracey Bissett This Week on Young Money: Understanding what a credit report is How lenders and creditors use your credit score What’s considered good credit, fair credit, and bad credit Actions that affect your cre

Alexandra Cote is a real estate entrepreneur, Property Coach, and Sales Representative at Sandra Rinomato Property and Brokerage where she is dedicated to helping clients reach their real estate goals. She currently serves as the President of the Downtown Toronto Condo Board, is an active member of the Government Relations in Affordable Housing Committees, volunteers for the Toronto Real Estate Board, and has served as a member of the Young Professionals Network Committee. She has received numerous awards and recognition throughout her career, including the Rookie of the Year Award in 2015 at Sandra Rinomato Realty, has been voted the Best Real Estate Agent in Toronto in 2016, and - most recently - Alexandra was the runner-up for the Best Real Estate Agent in Toronto in NOW Magazine’s Reader’s Choice Awards.   Alexandra joins me this week to share her story, how she got started in the real estate industry, and what she enjoys most about her career. She explains how the key to her financial success started at

Are you selling more than ever before, but finding that you have no money in your bank account to pay your business expenses? Are you overdrawing on your bank account or line of credit? Perhaps you’re struggling to pay your suppliers in a timely manner which is resulting in delayed shipments. Maybe you’re receiving calls or letters in the mail regarding overdue bills. On today’s episode, I’m sharing the three biggest financial mistakes that many small businesses make when growing their companies. I also share tips on how to avoid these critical mistakes so you can grow your business successfully.   “It’s hard to run a business when you don’t know what’s happening from a financial perspective.” - Tracey Bissett   This Week on Young Money: How not focusing on the numbers can impact the growth of your small business Understanding the difference between profit/income and cash flow from a business and personal standpoint Understanding the importance of building a relationship with a lending institution early in y

Ilana Ben-Ari is the founder and CEO of Twenty One Toys, a company that designs and manufactures toys, workshops, and training programs that teach young adults and children valuable skills such as empathy and failure. She is a multiple award-winning product designer, TEDx Speaker, and has been featured in numerous publications including The Guardian UK, Independent UK, and Time Magazine. Ilana joins me today to share her story on how she founded her company, what inspired her to create the Empathy toy, and how her toys, workshops, and training programs are being used by children and teachers as well as corporate executives. She also shares the challenges she has had to overcome as a young, bootstrapping company and why she believes being bold is critical to the success of a small business.   “In those first years of building your business, it’s really about survival, and that involves a ton of sacrifice.” - Ilana Ben-Ari     This Week on Young Money: How the idea for the Empathy toy started How her toys, wor