Young Money with Tracey Bissett

Today we're celebrating Young Money's incredible journey. Together, we've created 334 episodes, reached listeners in over 40 countries, and surpassed 360,000 downloads! It's been a privilege to inspire financial fitness through fun, educational content and host amazing guests who've shared their insights to help you navigate your financial journey. As I reflect on this milestone, I'm sharing the lessons I've learned, the hurdles I've overcome (like losing access to Apple Podcasts!), and the community that made it all possible. From loyal listeners to supportive colleagues and fellow podcasters, this journey has been all about people. As Young Money takes a pause, I want to thank you for being part of this incredible experience and encourage you to celebrate today by taking one small step toward your financial goals. “I love my show, being a podcaster, and the impact the show is making on the world.” - Tracey Bissett This Week on Young Money: What inspired Young Money and its lasting impact over seven years. Lessons from building a global podcast with 360,000+ downloads. Behind-the-scenes stories, including overcoming setbacks with Apple Podcasts. How financial fitness starts with small, imperfect actions. The value of community in creating a lasting podcast. Why podcasting is one of the best decisions I've ever made. Milestones and celebrations that made the journey unforgettable. How to take action toward your financial fitness today. Key takeaways: Financial fitness is about consistent, small actions—not perfection. Community and collaboration are essential to podcasting success. Resilience helps overcome unexpected hurdles in creative work. Milestones remind us to reflect on growth and impact. 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.

In this episode I'm wrapping up Financial Literacy Month with a musical twist, drawing inspiration from a recent trip to Nashville, Tennessee. Known as a prime bachelorette destination and the heart of country music, Nashville also provided valuable financial fitness lessons applicable to everyone, especially young entrepreneurs and those at the start of their financial journey. Listen in as I share personal stories and insights from my travels, exploring the parallels between the vibrant life of Nashville's music scene and practical financial strategies. You'll learn about the importance of asking for what you want, staying true to your financial goals, and the benefits of professional financial advice through the lens of honky tonks and country legends. “Your financial dreams and goals don't need to look like anyone else's, and you should work with professionals that have experienced credentials and make you feel comfortable.” - Tracey Bissett This Week on Young Money: A journey through Nashville and its connection to financial literacy. Five key financial fitness lessons inspired by Nashville's music scene. Practical advice on asking for what you need, focusing on your goals, and resilience in your financial life. Key takeaways: Embrace the power of asking in financial situations. Stay focused on your financial goals despite tempting distractions. Recognize when to seek professional help for managing your finances. Understand that bigger isn't always better in financial decisions. Learn the importance of resilience in achieving long-term financial fitness. 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.

As Financial Literacy Month continues, we're diving into the crucial but often overlooked role of insurance for young Canadians. Today we're joined by Jessica Baker, Executive Vice President of Retail Wealth at Co-operators, a trusted, Canadian-owned company providing insurance and financial services since 1945. Listen in as Jessica explains how insurance isn't just about protecting possessions—it's about safeguarding your financial future. She busts common myths, like the idea that insurance is too expensive or unnecessary for healthy young people, and offers valuable insight that could change the way you approach your financial security. “The two main categories of life insurance, term life and permanent life, can help set you up for both savings and paying the expenses of the sudden and unforeseen.” - Jessica Baker This Week on Young Money: Why insurance is essential for financial well-being at every age. An overview of the comprehensive services offered by Co-operators. The common types of insurance young Canadians should consider. Key takeaways: Understand the basic principles of insurance and how it operates to protect you. Recognize the importance of insurance as a part of holistic financial planning. Assess your insurance needs based on life changes and financial goals. Connect with Jessica Baker: LinkedIn Co-operators Website 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.

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.

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.

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.

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.

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.

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.

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.

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.

As Canadians grapple with the financial and emotional aspects of supporting aging parents, we sit down with Clay Jarvis, a mortgage and real estate expert from NerdWallet Canada. This episode dives into NerdWallet''s recent aging parent survey, conducted by the Harris Poll, revealing that nearly one-third of Canadians are either assisting or plan to assist their parents financially. Listen in as Clay provides expert advice on initiating conversations about finances with aging parents, addressing sensitive topics such as estate planning and end-of-life care. He emphasizes the importance of timely discussions to prevent financial hardships and ensure parents' wishes are respected and planned for accordingly. “It's better to just confront these things head-on, and deal with them.” -  Clay Jarvis This Week on Young Money: How to start conversations about financial support without adding stress. The impact of financial pressures on multi-generational families in Canada. Practical steps for managing the financial responsibilities of aging parents. Key takeaways: Don't avoid difficult conversations. Practical planning is essential. Consider professional advice. Connect with NerdWallet: Website LinkedIn Connect with Clay Jarvis: LinkedIn Resources Mentioned: Shannon Terrell 2024 Financially Assisting Aging Parents Report 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.

Are Canadians' financial concerns keeping them up at night? In this episode, we're joined by Kingsley Chak, Senior Vice President at Scotiabank, to delve into the anxieties and hopes shaping the financial landscape in Canada today, as revealed by the fifth annual Worry Poll. This discussion sheds light on the pressing financial issues that Canadians face—from spending concerns to debt management—and highlights the proactive measures being adopted, particularly by the youth, to forge a path toward financial stability. "You're not alone. What you're thinking, what you're feeling—a lot of Canadians are feeling that way as well.” -  Kingsley Chak This Week on Young Money: The financial concerns and aspirations highlighted in Scotiabank's Worry Poll. A look at how Canadians are navigating their financial worries amidst economic fluctuations. The proactive approach of younger Canadians toward their financial wellness. Strategies for effective financial management and planning for a secure future. Key takeaways: Evaluate your financial concerns. Seek out financial advice. Implement practical strategies to confront financial challenges. Connect with Kingsley Chak: LinkedIn Scotiabank Resources Mentioned: Scotiabank Advice+ Smart Money BNS:CC - Canadians prioritizing day-to-day finances optimistic for better days ahead 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.

Today we're diving into the untapped world of financial wisdom on TikTok as Shannon Terrell, lead writer at NerdWallet Canada, shares the truths and myths surrounding popular financial advice. Shannon sheds light on crucial financial insights shaping the digital landscape, from purchase protection to the mysteries of credit card skimmer scams. With Canadians increasingly relying on TikTok for financial advice, this episode offers tips to navigate the complexities of credit cards and personal finance. Listen in to hear about the nuances of credit utilization ratios, the intricacies of credit card insurance, and the realities of credit card churn. You'll learn how to safeguard your financial interests and make informed decisions about your finances. “When dealing with credit card insurance, always make sure that you're checking the fine print and ensure that you understand what obligations you need to fulfill as the cardholder so that you're not left high and dry in a difficult situation.” - Shannon Terrell This Week on Young Money: What NerdWallet is and who they help. What a day in the life of a writer for NerdWallet looks like. What trends on TikTok we can follow. How credit card insurance works. What your credit utilization ratio is. How to spot a skimmer scam. Key takeaways: Check the fine print. Know your obligations. Check your spending. Understand your credit limits. Make payments often on your credit card. Trust your gut. Re-evaluate who you follow on social media. Connect with Shannon Terrell: LinkedIn NerdWallet NerdWallet Website NerdWallet LinkedIn Resources Mentioned: EP106 Milli Moves: Money & Media with Leanna Haakons EP301 Will Swifties Save or Sink into Debt 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.

What can Super Bowl LVIII teach us about financial fitness? In this episode, I dive into wisdom we can take away from the year's biggest game and explore how stars like Taylor Swift and Usher, along with the athletes' inspiring stories, reveal crucial financial strategies. Listen in as I analyze the perseverance and disciplined approaches of NFL players and entertainers, showing how their journeys mirror essential financial principles. You'll hear actionable insights for achieving financial wellness and learn the significance of dedication to long-term goals and resilience. "In the same way that athletes and performers dedicate themselves to their craft, achieving financial fitness requires discipline, planning, and the courage to pursue long-term goals over instant gratification.” - Tracey Bissett This Week on Young Money: Extracting financial lessons from the spectacle and spirit of Super Bowl LVIII. The impact of celebrity influence on financial decisions, with a spotlight on Taylor Swift and Usher. The disciplined journey to success: insights from the NFL's finest and musical icons. Strategies for setting, pursuing, and achieving your financial goals with resilience. Key takeaways: Vision and perseverance are key when it comes to achieving financial fitness. Navigate your financial future with support and guidance. There are no shortcuts to success—discipline is the path to victory. Resources Mentioned: EP017 Super Bowl's Musical Talent - Justin Timberlake & Lady Gaga EP067 5 Financial Lessons Learned from Maroon 5 EP090 3 Financial Fitness Lessons from Rihanna & Jay-Z EP101 How to Take Control of Your Financial Future like Taylor Swift EP123 3 Financial Fitness Lessons from Jennifer Lopez and Shakira EP179 Milli Moves: Bitcoin – Investing or Gambling? EP231 Back to Basics EP232 Financial Lessons from Hip Hop at the Super Bowl EP280 Sports Betting: Gambling or Entertainment? EP281 Financial Fitness Lessons from Rihanna EP301 Will Swifties Save or Sink into Debt   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.

Are you ready to challenge the norms of personal finance with the bold trend of loud budgeting? In this episode, I explore this trend, which encourages openly declaring and adhering to your financial goals. Spearheaded by Lukas Battle on social media, this movement marks a departure from quiet luxury, advocating for courageous, value-driven financial decisions. I'll delve into how this approach not only curbs impulse spending, but also adapts effectively to the current economic landscape. Listen in as I revisit themes of financial openness from previous episodes, highlighting how discussing finances with others can lead to better decision-making. I also explore loud budgeting's role in addressing financial bullying and influencing consumer behaviors like “buy now, pay later” schemes, emphasizing its impact on personal finance management. "It's not ‘I don't have enough'. It's ‘I don't want to spend'.” - Tracey Bissett This Week on Young Money: What loud budgeting is and its rise to popularity. How this trend has shifted the norm from quiet luxury to open financial planning. Previous episodes that align with the theme of financial openness and accountability. The role of loud budgeting in current economic scenarios and its impact on consumer behavior. Key takeaways: Open discussions about finances can foster better financial decisions and relationships. Economic conditions influence personal finance strategies. Aligning financial actions with personal values and goals is key. Resources Mentioned: EP031 True Cost of Being a Wedding Guest EP037 Cohabitate in a Financially Fit Way EP092 How to be In Love AND Financially Fit with Wendy Brookhouse EP103 Are you a financial bully? EP114 Milli Moves: Are you Uber Broke? EP158 Milli Moves: Mind Your Own Business About Money EP226 Financial Accountability Over Financial Resolutions EP247 Buy Now Pay Later 101 EP292 Navigating Financial Firsts and Spending Shifts with Interac   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.

As we step into the new year, it's the perfect time to get motivated and inspired about our financial fitness. In this episode, I draw parallels between physical and financial fitness, illustrating how both exist on a spectrum from beginners to experts. Dive into the three key elements of the Bissett Financial Fitness Framework: cash flow, savings, and debt management. Just like physical fitness—where cardio, strength training, and lifestyle choices play crucial roles—these financial elements are essential for a balanced and healthy financial life. Whether you're just starting to learn about budgeting or you're a sophisticated investor, this framework can help individuals and businesses alike, so make sure to tune in! “Tackle your financial life with the Bissett Financial Fitness Framework and become more financially fit.” - Tracey Bissett This Week on Young Money: Understanding the Bissett Financial Fitness Framework and its relevance in everyday life. What physical fitness has in common with financial fitness. The three key elements of financial fitness. Practical advice for improving each aspect of your financial health. Key takeaways: Recognize where you stand on the financial fitness spectrum and identify areas for improvement. Cash flow is key in maintaining a stable and balanced financial life. Savings contribute to financial security and enable personal and business growth. Debt management is crucial for controlling your future and avoiding financial pitfalls. 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.

As we bid farewell to 2023 and welcome 2024, it's time to reflect on the past year's financial lessons and look ahead with optimism and preparedness. In this episode, I'm diving into the significant financial events of 2023, from soaring interest rates to the challenges of inflation and job cuts, and how they've shaped our financial behaviors. Join me as I celebrate Young Money's milestones (including crossing 350,000 downloads!), explore the personal and professional achievements of the year, and discuss the importance of community support and personal health in our financial journeys. I also share predictions for 2024 and practical tips to help you take control of your finances and navigate the uncertainties ahead. “Reflect on your financial learnings and prepare for a year of taking control of your finances.” - Tracey Bissett This Week on Young Money: A review of the financial landscape in 2023, including interest rates, inflation, and job market trends. The impact of financial stress on Canadians' mental health and well-being. Celebrating Young Money's achievements and personal milestones. Predictions for the financial challenges and opportunities in 2024. Five actionable tips for improving your financial fitness in the new year. Key takeaways: Reflect on your financial experiences and learnings from the past year. Understand the ongoing financial challenges and prepare for them. Embrace community support and prioritize health alongside financial goals. Set realistic financial goals and be mindful of your spending habits. Seek professional advice and support to enhance your financial journey. Resources Mentioned: Feedspot's Top 10 Financial Podcasts in Canada FP Canada 2023 Financial Stress Index EP062: What is your Money Mindset? EP114: Milli Moves: Are you Uber Broke? EP301: Will Swifties Save or Sink into Debt EP315: How to Protect Yourself Online with TELUS   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.

What are you grateful for? Reflecting on this question is the first step toward integrating gratitude into your life. Whether through mindful observation, expressions of thanks, or keeping a gratitude journal, the possibilities are endless. In this episode, I will be going over several ways to practice gratitude when you may not be feeling so grateful. Incorporating gratitude into your daily routine doesn't require extensive time; even a few minutes each day can significantly impact you. As we explore the power of gratitude, remember that expressing thanks for your financial fitness is equally essential. Celebrate the achievements, big and small, that your hard-earned money affords you.  “It is important to give back. Whether it is through a contribution to a food bank, a kind word for someone you pass in your busy day, helping out a neighbor in need—anything that you can do.” - Tracey Bissett This Week on Young Money: The concept of gratitude and its benefits for mental and physical well-being. How to celebrate the simple everyday pleasures. Several ways to express gratitude. The scientifically supported benefits of practicing gratitude. Practical tips on seamlessly integrating gratitude into daily routines. Key takeaways: Practice gratitude. Celebrate small wins. Take small actions every day. Observe the beauty of wonder. Be kind to others. Resources Mentioned: EP036 Kelley Keehn with 5 Ways We Sabotage Our Finances EP062 What is your Money Mindset? EP183 Talk Money to Me During COVID and Other Times of Financial Distress with Kelley Keehn EP262 Taking Control of Our Money with Kelley Keehn EP274 Finding Joy Through Financial Fitness EP275 Finding Hope Through Financial Fitness   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.

Are you aware of the risks lurking in the digital world—especially during the holiday season? In this episode, we're joined by Leigh Tynan, Director of TELUS Online Security, to discuss the importance of cyber safety and how to protect your identity and finances online. Listen in as Leigh shares her insights on the increasing prevalence of online fraud and identity theft in Canada. We delve into the specific risks Canadians face during the holidays and the best practices for safe online shopping. Leigh also walks us through the three phases of dealing with online fraud and offers practical tips for safeguarding your digital presence. "Even if you do everything right, you can still be at risk." - Leigh Tynan This Week on Young Money: The heightened risks of online scams during the holiday season. Strategies for preventing, detecting, and recovering from online fraud. The current landscape of online fraud and identity theft. Best practices for protecting your identity and shopping safely online. The role of TELUS Online Security in safeguarding Canadians' digital lives. Key takeaways: Stay vigilant and informed about the risks of online fraud. Embrace cybersecurity best practices, including two-factor authentication and VPN usage. Regularly monitor your financial accounts and credit reports. Utilize resources like TELUS Online Security for comprehensive digital protection. Share your experiences and report incidents to help combat cybercrime. Resources Mentioned: Leigh Tynan: LinkedIn TELUS: LinkedIn TELUS Online Security   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.

Six years, 314 episodes, a global audience across 40 countries, and over 350,000 downloads—join me in celebrating the incredible journey we've had on the Young Money podcast. With educational and entertaining content from all of our inspiring guests, I hope this show has guided you on your financial fitness journey. Listen in as I reflect on the past and share how my personal experiences and newfound perspectives will shape the future of Young Money. From addressing current issues to sharing listener stories and exploring the impact of biases on financial fitness, I plan for the next chapter to be relevant, insightful, and connected to what you want to hear.  “It's about taking those small imperfect actions that increase your foundation of financial knowledge so you can navigate your life, personally and professionally, with confidence.” - Tracey Bissett This Week on Young Money: How we have had to adapt to the ever-changing financial landscape. How Young Money has changed in the past six years. The power of shared experiences. The role biases play in financial fitness. How I have changed since starting the show. The complexities of financial fitness. Key takeaways: Embrace community. Be adaptable. Remain open to learning new things. Learn to pivot. Resources Mentioned: EP060 Young Money's 1st Birthday - Ask Me Anything! EP100 Celebrating 100 Episodes of Young Money EP116 Behind the Scenes of Young Money EP172 Young Money Celebrates 3 Years with special guests Riley & Brenley EP200 Celebrating 200 Episodes of Young Money EP225 Celebrating 4 Years of Young Money EP273 Lessons Learned from 5 Years of Young Money EP300 The 300th Episode Celebration   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.

How are Canadians navigating the holiday season amidst economic challenges and evolving retail landscapes? In this episode of Young Money, I'm joined by Myles Gooding, PwC Canada's National Consumer Markets Leader, to explore the Canadian Holiday Outlook Survey's findings.  Listen as we dive deep into the spending behaviors of different generations and examine how cutting-edge retail technologies like AI, AR, and the metaverse are revolutionizing the way we shop. Myles also offers a wealth of insights into the current trends shaping Canadian consumer habits, as well as why Canadians are increasingly focusing on travel, supporting local businesses, and making socially responsible decisions in their holiday shopping. “Safety concerns now in the rearview mirror, in-store shopping is actually continuing to make a pretty large number.” - Myles Gooding This Week on Young Money: Insights into consumer spending trends. The impact of inflation on consumer choices and spending habits. The role of emerging retail technologies in enhancing the shopping experience. Generational differences in holiday spending. The growing popularity of 'Buy Now, Pay Later' among Gen Z consumers. The importance of supporting local businesses and making socially responsible purchases. Strategies for managing holiday expenses and staying financially fit. Key takeaways: Understand the changing dynamics of consumer spending. Recognize the influence of technology on modern shopping. Learn how different generations approach holiday spending amidst economic challenges. Discover the significance of socially responsible and community-focused purchasing. Gain insights into effective budgeting and financial planning for the holidays. Resources Mentioned: 2023 Canadian Holiday Outlook EP247 Buy Now, Pay Later 101 EP262 Taking Control of Our Money with Kelley Keehn 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.

Are you equipped to handle the complexities of managing debt and navigating financial emergencies? In this episode, I dive into the crucial aspects of financial health, focusing on debt management and emergency preparedness. November, being Financial Literacy Month in Canada, serves as a timely reminder to assess and enhance our financial literacy, a key component of overall financial wellness. Join me as I explore the theme of this year's campaign, "Managing Your Money in a Changing World," and discuss practical tips and strategies for dealing with debt, creating budgets, and setting up emergency funds. I'll cover the importance of understanding your financial rights, the benefits of having a solid plan for debt repayment, and ways to increase income and reduce expenses. Plus, I'll offer insights on how to navigate financial emergencies, from contacting financial institutions to considering mortgage deferrals and credit card payment holidays. "Managing debt is one of the key consumer building blocks that leads to greater financial resilience." - Tracey Bissett This Week on Young Money: The significance of financial health checks and understanding debt management. Strategies for creating budgets, paying off debts, and avoiding additional debt. Tips for setting up an emergency fund and reducing expenses. Guidance on navigating financial emergencies, including mortgage relief options and credit card payment holidays. The importance of seeking professional financial advice and being cautious of misleading information. Key takeaways: Get a pulse on your financial health.  Manage your debt. Optimize your financial health. Know your financial rights. Create a budget. Save and invest. Get help when you need it. Resources Mentioned: EP056 Back to Basics - The 5Cs of Credit EP057 Bankruptcy and Consumer Proposals what does it mean with Doug Hoyes EP058 Invest in Your Financial Well-Being - Financial Literacy Month 2018 EP109 Milli Moves: Take Charge of Your Finances - Financial Literacy Month 2019 EP149 Adulting 101: How to Deal with Overwhelming Debt Levels with Taz Rajan, Bromwich + Smith EP166 Financial Literacy Month 2020: 10 Things you Should Know During Times of Financial Uncertainty EP184 Credit Canada Debt Solutions with Keith Emery EP218 Financial Fitness All Year Round EP222 Why Financial Literacy Matters at Work EP267 Managing Your Money in a Changing World 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.

Are you ready to tackle the tempting deals of Black Friday and Cyber Monday without derailing your budget? In today's episode, we dive into the art of smart shopping during the biggest sale season of the year and share essential considerations to ensure you're making wise purchasing decisions. Listen in as we explore three key considerations: understanding the real reason behind your purchase, assessing if the deal is genuinely beneficial, and exploring ways to maximize benefits like loyalty points or additional perks. We also offer bonus tips on avoiding overspending, such as unsubscribing from tempting store emails and involving friends in your spending plans. And don't forget about Giving Tuesday – a perfect opportunity to make your charitable contributions go further! “If you are getting a deal, make sure it really is one.” -  Tracey Bissett This Week on Young Money: Evaluating the true purpose of your purchases. Determining if a deal is genuinely advantageous. Leveraging loyalty programs and other benefits for optimal value. Bonus tips to resist overspending temptations. The importance of Giving Tuesday and supporting charities in need. Key takeaways: Be mindful of your purchasing motivations. Scrutinize deals to ensure they are genuine savings. Utilize loyalty points and other benefits for added value. Implement strategies to avoid emotional spending. Remember the broader impact of your spending, especially on Giving Tuesday. Resources Mentioned: Who's Hungry Report 2023   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.

Embarking on the journey of entrepreneurship requires more than just business acumen—it necessitates a strong foundation built on passion, resilience and a commitment to positive change. Sharmila Sriram, Founder & CEO of Spectrum Medical Diagnostics, sheds light on the crucial aspects that drive the success of a business. Sharmila reflects on the challenges she faced in her financial journey, emphasizing the need for a solid financial roadmap, a robust emergency fund and the ability to find opportunities in challenges.  Listen in as she shares valuable lessons on resilience, as well as practical insights and guidance for aspiring entrepreneurs. You'll learn from Sharmila's journey as she offers wisdom on overcoming obstacles, embracing failure as part of the process and staying focused on the path to success. “When you're passionate about something, money follows.” - Sharmila Sriram This Week on Young Money: What a day in the life looks like for Sharmila. The importance of having a good team around you. Why Sharmila is so passionate about positive changes to healthcare. The importance of community and support. How to ensure you're set up for the future. Why you shouldn't wait to set up a financial safety net. Key takeaways: Surround yourself with positive people. Create a financial roadmap. Build a solid emergency fund. Live for today. Try to find opportunities in challenges. Failure is part of the process. Be resilient. Learn to pivot. Connect with Sharmila Sriram: Spectrum Medical Diagnostics LinkedIn Spectrum LinkedIn Instagram 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.

Wondering how small business owners are navigating the current economic landscape and what the future holds for them? Tune in to this episode with Jascha Jabes, Vice President of Small Business at Scotiabank, who brings a wealth of experience from various sectors and a deep understanding of the challenges and opportunities facing businesses today. In this episode, Jascha shares some of the key findings from Scotiabank's recent Small Business Report, highlighting the resilience and optimism of business owners despite prevailing headwinds. He sheds light on how businesses are adapting to economic conditions, enhancing their digital capabilities, and leveraging artificial intelligence. We also discuss how business owners can future-proof their ventures and gain insights into building strong partnerships with financial institutions. “There is a need for small business to be nimble and flexible, and that's a lot harder than we realize.” - Jascha Jabes This Week on Young Money: What a day in Jascha's life looks like. What business owners are feeling in the current economy. The challenges that small business owners are facing. Opportunities available for business owners. How business owners are adapting to the economic landscape. Key takeaways: Embrace technology. Don't fear AI. Seek out advice. Resilience is not easy. Connect with Jascha Jabes: LinkedIn Resources Mentioned: Path to Impact 2023: Resilient Small Business Owners optimistic for the future despite headwinds Scotiabank Small Business Banking   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.

Looking for insights on how to curb overspending and make smarter financial decisions? Don't miss this episode featuring Iva Poshnjari, a BNN Bloomberg digital reporter and a voice on CTV's Things To Know T.O. TV show. With a keen focus on personal finance and a passion for guiding young women away from financial pitfalls, Iva brings a wealth of knowledge and experience to the discussion. In this episode, Iva explores the pressing challenges of overspending, shedding light on some of the trends when it comes to overspending and which generation is most affected by inflation. She also shares her personal journey with finances and debt, highlighting the pivotal role of mindfulness and meditation in reining in spending habits and the tactics she employed to clear her own debt. “When it comes to finances, getting organized is half the battle.” - Iva Poshnjari This Week on Young Money: A day in Iva's life. The trends in overspending. Advice Iva would give to her younger self. The strategies she used to pay off her credit card. What inspires her when it comes to finances. Key takeaways: Don't let interest sneak up on you. Unsubscribe from unnecessary emails. Be mindful. Get organized. Automate what you can. Connect with Iva Poshnjari: LinkedIn Twitter Instagram Resources Mentioned: Money, A Memoir: Women, Emotions, and Cash by Liz Perle Barbara Corcoran   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.

Curious about making smart investment choices and understanding the current economic climate in Canada? Tune in to this episode with David O'Leary, chartered financial analyst, wealth management expert, and the founder and principal of Kind Wealth. With a wealth of experience behind him and a commitment to independence and transparency, he'll take you through the intricacies of investing and financial planning. Listen in as David shares his insights on a range of topics, including the impact of inflation on investing among Canadians, changes in risk tolerance, and the links between investing and personal values. We also discuss the difference between financial planning and investment management, practical tips for successful self-directed investing, and how David overcame his own financial challenges. “There's no bravery without fear.” - David O'Leary This Week on Young Money: What a day in David's life looks like. The core themes and success factors in David's career journey so far. The financial challenge David faced and how he overcame it. How the rate of inflation has affected investing among Canadians. What risk tolerance is and how it has changed for Canadians with the rate of inflation. The links between investing and the values that people hold. Success tips for investing (including self-directed investing). The difference between financial planning and financial advising. Key takeaways: Learn from others. Don't fear fear. Be honest. Educate yourself.  Investing is simple but not easy. There is no shame with working with professionals. Connect with David O'Leary: Website Kind Wealth LinkedIn Twitter Instagram Connect with Wealth Rocket: Website Twitter Instagram 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.

Wondering how to navigate the complex world of personal finance and wealth-building? Don't miss this episode featuring Julie Shipley-Strickland, a Senior Wealth Advisor at Wellington-Altus Private Wealth and a trailblazer for women in the financial industry. She joins the show today to share actionable insights from more than a decade of experience in the field. Listen in as Julie delves into the rituals for building wealth that you can start practicing today, as well as her own financial challenges and what she wishes she had known earlier in life. You'll learn real, actionable advice, including some hard truths about the financial challenges that many of us face but rarely discuss. “Chip away at whatever you're doing and surround yourself with great people.” - Julie Shipley-Strickland This Week on Young Money: What a day in Julie's life looks like. The key success factors that have helped her. The biggest financial challenge she faced. What she wishes she had known sooner.  Actionable rituals for building wealth. Key takeaways: Find balance. Love the journey. Surround yourself with great people.  Be curious. Cultivate your mindset. Connect with Julie Shipley-Strickland: Company Website Personal Website LinkedIn Instagram  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.

Ever wondered how our emotional relationship with money shapes our financial success? In this episode, we sit down with Leisse Wilcox, a Strategic Business Coach who has dedicated her career to helping women bridge the gap between self-worth and net worth. With a story marked by resilience, Leisse has not only built a thriving business amidst personal challenges, but has also become a beacon of hope for entrepreneurial women worldwide. From navigating cancer and complex personal challenges to building a multiple six-figure business, Leisse's journey is a testament to the power of self-belief and determination. This episode delves deep into discussions that aren't always on the sunny side of money, offering listeners a chance to learn from Leisse's experiences and insights. Don't miss this opportunity to gain a fresh perspective on the emotional intricacies of wealth and self-worth. “You are enough, simply by existing.” - Leisse Wilcox This Week on Young Money: What a day in Leisse's life looks like. How her origin story shaped her adult relationships. What it means to have a life-centered business. The factors that have made Leisse successful. What defines financial abuse. Key takeaways: You are enough. Create your own abundance. Do the internal work. Learn to trust yourself. Do what is best for you. Name your experience. Connect with Leisse Wilcox: Website Podcast Instagram Resources Mentioned: EP062 What is your Money Mindset? EP063 Money Mindfulness with Jessica Moorhouse EP161 Why an Abundance Mindset and Kindness are Key to Financial Fitness EP182 Love and Money: Escaping Financial Abuse with Samra Zafar EP228 Balance: How To Invest and Spend for Happiness, Health and Wealth with Andrew Hallam EP235 How to Protect Yourself from the Romance Scam  EP246 Love, Money and Divorce with Eva Sachs EP277 Mindfulness & Money with Conscious Economics 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.

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: Don't be afraid of taking risks. Be okay with things not working out. Create micro-timelines. Focus on the now. Don't make panic-based decisions. Be mindful of where you get your information. Connect with Shannon Lee Simmons: LinkedIn Website Twitter Instagram New School of Finance LinkedIn New School of Finance Twitter New School of Finance Instagram No-Regret Decisions by Shannon Lee Simmons Resources Mentioned: EP045 Stop Feeling Broke with Shannon Lee Simmons EP066 Living Debt-Free with Shannon Lee Simmons 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.

Ever puzzled over how to make your charitable donations truly count? Don't miss this episode featuring philanthropy expert John Bromley. Raised with charity as a family cornerstone, John has worked with top experts in the field and founded Charitable Impact to simplify and enhance giving. Tune in to hear how his mission aligns with the history of Young Money and aims to transform philanthropy. Listen in as we dive into John's journey from a charitable upbringing to founding Charitable Impact, a platform designed to make giving easier and more effective. John shares invaluable insights on how to start your philanthropic journey, even if it's with a minimal amount, and offers guidance on narrowing down charitable options to align with your interests and passions. "It's not just wealthy people who can and do create change in the world. Everyone contributes towards that.” - John Bromley This Week on Young Money: About John and Charitable Impact. The importance of charitable giving. How John became interested in charitable giving. The minimum amount of money to donate. How to narrow down your charitable options. Key takeaways: Start small, but start now. Be thoughtful with your charitable giving. Don't fear mistakes. Focus on areas of giving that align with interests. Learn by doing. Connect with Charitable Impact: Website Facebook LinkedIn Twitter Instagram 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.

With more than 15 years in the world of finance, Kalee Boisvert, MBA, champions the cause of financial empowerment. She's set to release two books in 2023: MoneyWise Mabel's Bursting Bank, a children's book, and Make Money Your Thing! a non-fiction guide. In this episode, Kalee dives into empowering women in finance, untangling financial stress, and practical steps to take control of your financial journey. Listen in as she shares tactics to remove stress and create a positive relationship with money. You will learn the importance of taking small actions every day and the preliminary steps towards financial well-being, including cultivating a healthy money mindset and understanding your present financial standing. Kalee also explains the value of dedicating time to financial growth while avoiding the pursuit of perfection, instead embracing your own financial uniqueness.  “Women being financially empowered and feeling good in their finances benefits everyone.” - Kalee Boisvert This Week on Young Money: How we can empower women to feel part of the financial conversation. Why so many women feel uncomfortable discussing finances. How someone can ditch the stress and make money their thing. The first steps you can take towards a financially fit future. The importance of knowing where you stand today with your finances. Why you shouldn't strive for financial perfection. How to get ourselves out of money comparisons. Key takeaways: Take action on your finances. Be open to learning new things. Assess your money beliefs. Get to know your numbers. Devote time to working on your money. Don't ignore your money. Embrace your own money uniqueness. Connect with Kalee Boisvert: Instagram Twitter LinkedIn Facebook Make Money Your Thing!  Website 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.

Ever wondered how to enjoy big events like a Taylor Swift concert without sinking into debt? Shannon Terrell is a renowned writer for NerdWallet Canada and holds a bachelor's degree from the University of Toronto. Her work has been featured in prominent publications like Black Enterprise, Finder, and Yahoo! Finance, and she joins the show today to share insights into the financial implications of major events like concerts for fans and attendees. As the excitement builds for Taylor Swift's 2024 tour, Shannon Terrell offers an insider's perspective on NerdWallet, as well as how to navigate ticket challenges, avoid scams, and make the most of your concert experience without overspending. From budget-friendly travel tips to the real value of concert merchandise, we've got you covered! "The last thing you want after spending that kind of money is to be ripped off or scammed.” - Shannon Terrell This Week on Young Money: A day in the life of Shannon Terrell and an inside look into NerdWallet. The frenzy around Taylor Swift's upcoming 2024 tour and the challenges of securing tickets. Tips to avoid scams when buying tickets outside of official platforms. Budget-friendly advice for attending concerts, including savings on meals, flights, transportation, and accommodation. How to transform your concert trip into a memorable vacation without overspending. The allure of concert merchandise: Is it worth the splurge? Essential budgeting tips and strategies for concert-goers. Key takeaways: Plan ahead and budget for big events like concerts to avoid financial strain. Be cautious of scams and always use trusted platforms for ticket purchases. Make informed decisions about concert-related expenses, from merchandise to travel. Enjoy the experience without compromising your financial well-being. Connect with Shannon Terrell: LinkedIn NerdWallet Connect with NerdWallet: Official Website LinkedIn Company Page 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.

Welcome to this milestone episode of Young Money! I'm overwhelmed with gratitude as we mark our 300th episode. The podcast has reached listeners in over 40 countries, with more than 335,000 downloads. This isn't just my achievement; it's ours. It's a testament to our shared commitment to financial education and your unwavering support. Together, we've championed the cause of financial fitness as a fundamental life skill and empowered countless young adults and entrepreneurs. You, the listeners, are truly the soul of Young Money. Your engagement, insightful reviews, and invaluable feedback have all shaped this podcast into what it is today. As I eagerly anticipate our next 100 episodes, I'm reminded of the sheer joy of podcasting, the hurdles we've crossed, and the recognition we've received, like the Financial Literacy Champion Award from the IFSE Institute. Here's to celebrating more milestones, diving deeper into financial insights, and nurturing a community that only grows stronger! “I'm on a mission to redefine the world's economic future by empowering young adults and entrepreneurs to take control of their financial fitness.” - Tracey Bissett This Week on Young Money: How far we've come. Notable reviews from listeners. Where we're going from here. Key takeaways: Financial fitness is a fundamental life skill. Take control of your financial well-being. Stay motivated. Share your ideas, comments, and questions. 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.

Are you unknowingly falling prey to a troubling trend of financial exploitation in your platonic or romantic relationships? This summer has been an eye-opening experience for me, as I've witnessed and heard countless stories about individuals facing financial exploitation. It's a concerning trend that we need to address and reverse, and that's precisely what we'll tackle in this episode. Throughout my years of experience in personal finance, I've helped many people navigate these tricky situations. Today, I'll share insights into identifying red flags that may indicate someone is taking advantage of your financial standing. We'll dive deep into the subtle and more obvious signs of financial exploitation and equip you with the tools to protect yourself and your financial well-being. “Sometimes other people can see situations more clearly than we can.” - Tracey Bissett This Week on Young Money: How to identify warning signs of financial manipulation in your relationships. Strategies to assert yourself confidently and set healthy boundaries when faced with situations of financial exploitation. The importance of speaking up in the moment and how to approach the conversation with confidence. Practical steps to take after an incident of financial manipulation. How to navigate potentially uncomfortable conversations. How to ensure your financial well-being by taking charge of your finances and making informed decisions for the future. Key takeaways: Recognize the warning signs.  Assert yourself with confidence. Engage in uncomfortable conversations. Take charge of your finances. Resources Mentioned: EP103 Are you a financial bully? EP158 Milli Moves: Mind Your Own Business About Money EP182 Love and Money: Escaping Financial Abuse with Samra Zafar EP235 How to Protect Yourself from the Romance Scam EP236 Good Investment or Investment Scam? EP237 Fun with Fraudsters EP271 Mental Health & Money EP282 Love & Money: Financial Infidelity 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.

The release of the Barbie movie has captured the spotlight, with its colossal marketing budget dominating current events. This 2023 American fantasy comedy film brings to life the beloved Barbie fashion dolls in their first-ever live-action adaptation, featuring Margot Robbie as Barbie and Ryan Gosling as Ken. Amidst the fantasy and comedy, the movie weaves profound themes of existentialism and the pursuit of self-identity, challenging societal norms and predetermined paths. In this episode, I will be sharing the financial lessons inspired by Barbie's illustrious career.  With over 200 jobs to her name, Barbie exemplifies financial self-sufficiency, becoming a symbol of empowerment as she owns her home, car, and more. Through Barbie's journey, we learn the significance of staying true to our values and goals, refusing to be swayed by external pressures or comparisons. The movie highlights the importance of seeking support when needed, understanding that we don't have to navigate our financial journeys alone. So listen in to learn the value of embracing change, trusting your instincts, taking calculated risks, and finding joy in the process.  “Things change, so trust your judgment, take calculated risks, and have some fun.” - Tracey Bissett This Week on Young Money: Why striving to be financially self-sufficient is key. Where to seek help and guidance when navigating your financial journey. Why we must prioritize our goals and values in our financial decisions. The benefit of being open to change and trusting your judgment when making financial choices. Key takeaways: Embrace self-sufficiency. Stay true to your values. Seek support when needed. Embrace change. Take calculated risks. Find joy in the process.  Resources Mentioned: EP017 Super Bowl's Musical Talent - Justin Timberlake & Lady Gaga EP067 5 Financial Lessons Learned from Maroon 5 EP090 3 Financial Fitness Lessons from Rihanna & Jay-Z EP123 3 Financial Fitness Lessons from Jennifer Lopez and Shakira EP221 3 Financial Lessons Learned from Adele EP223 SATC Spotlight: Sarah Jessica Parker versus Carrie Bradshaw EP232 Financial Lessons from Hip Hop at the Super Bowl EP281 Financial Fitness Lessons from Rihanna 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.

Today Reni Odetoyinbo, content creator, marketing consultant, and finance educator, joins the show to share resources for career development and financial literacy. After achieving the remarkable feat of purchasing her first house at the young age of 23, Reni became determined to empower Black individuals with financial knowledge. In this episode, she dives deep into the importance of taking calculated risks and having the courage to embrace a leap of faith. Reni emphasizes the significance of building an emergency fund, pivoting when necessary, and the benefits of establishing multiple streams of income and investment accounts. Listen in as she encourages you not to wait, but to embark on your financial journey now and shape your own financial destiny. “Having one stream of income is too close to having none.” - Reni Odetoyinbo This Week on Young Money: The importance of taking a leap of faith. Why you should take calculated risks. The value in being willing to learn new things. Why budgeting is key. What financial literacy means to Reni. Why it is essential to have multiple streams of income.  Key takeaways: Bet on yourself. Build an emergency fund. Don't be afraid to pivot. Diversify your income streams.  Connect with Reni Odetoyinbo: LinkedIn Website YouTube Facebook Twitter Instagram 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.

Joining the show today is Scott Stirrett, the Founder and CEO of Venture for Canada (VFC), a national charity that empowers young Canadians with entrepreneurial skills and mindsets. In this episode, Scott shares the inspiring story behind the inception of VFC and discusses its mission and target audience. Whether you're a post-secondary student or a graduate seeking to develop entrepreneurial abilities, Scott provides invaluable guidance on how to pave the path to success. Listen in as he highlights common missteps made by students in their pursuit of entrepreneurial learning and offers advice to parents and family members on supporting the students and graduates in their lives. You will learn the importance of embracing new experiences and taking calculated risks, why having an open mind is crucial, and more. “One of the most important things that a young person can do is be willing to have an open mind and try out new things.” - Scott Stirrett This Week on Young Money: How Scott came up with the idea for Venture For Canada. A day in the life of running VFC. The value of obtaining entrepreneurial skills. How having an open mind can benefit you in entrepreneurship. How to become more comfortable taking risks. Why you should start early with building a network. The value of participating in work experiences and entrepreneurship. Key takeaways: Take calculated risks. Develop a network. Take part in learning experiences. Be decisive. Change is constant. Connect with Scott Stirrett: LinkedIn Venture For Canada LinkedIn Twitter Venture For Canada Twitter Instagram Website Resources Mentioned: Choose Possibility by Sukhinder Singh Cassidy So Good They Can't Ignore You Cal Newport The Real Strength of Weak Ties EP214 Backpack to Briefcase with Stephanie Koonar EP295 Gap Year 101 with Michelle Dittmer of CanGap   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.

In this episode, Michelle Dittmer, an educator and youth advocate, joins the show to shed light on the transformative power of a gap year. Michelle founded the Canadian Gap Year Association, recognizing the potential of a gap year to address mental health challenges, lack of clarity, and skill gaps among youth. Throughout our conversation, Michelle explores the benefits of taking a gap year, emphasizing its positive influence on the mental well-being of young individuals, as well as the valuable lessons and personal growth that can be gained. Listen in as she explains the impact of a gap year on post-secondary education and the importance of taking time to recharge to set yourself up for success. You'll learn why Michelle advocates for providing young people with adequate support and life experiences before making significant life decisions, as well as insights into how to make the most of a gap year, both before, during, and after the experience. “A gap year is a purposeful and intentional break away from your normal routine to pursue personal and professional goals.” - Michelle Dittmer This Week on Young Money: What exactly a gap year is. Why young people may choose to take a gap year. How a gap year can do wonders for the mental health of young people. The impact of taking a gap year when it comes to your post-secondary schooling. How to have a more purposeful gap year. Key takeaways: Take time to recharge. Pursue your passions. Be decisive and committed. You don't have to do it alone. Connect with Michelle Dittmer: LinkedIn Website Instagram Twitter Facebook Resources Mentioned: EP043 Create a Stand Out Cover letter, Resume and LI Profile with Kamara Toffolo EP210 Maximize Your Earning Potential using LinkedIn with Sabita Singh EP214 Backpack to Briefcase with Stephanie Koonar Globe and Mail Article "COVID, a strong job market and high-cost-of-living is making gap years more attractive to students looking to make 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.

Today we are joined by Sudeshna Sen, an Economist and senior leader in the financial services industry. With her extensive experience working with top financial institutions and Fortune 500 clients, Sudeshna has gained a unique perspective on the challenges of financial literacy. Recognizing that the use of jargon and industry lingo can hinder understanding, she decided to tackle this issue by approaching money and careers holistically through her personal venture, The Abundance Psyche. In this episode, Sudeshna offers insights on various topics, including the importance of following your curiosity and committing to continuous learning. Listen in as she emphasizes the need to consider the return on investment of your time and money, highlighting the significance of assessing your mindset around money and avoiding spending more than you earn. Sudeshna also shares the intricacies of generational wealth, the benefits of diversifying income streams, and valuable advice on investing while young. “Don't spend more than you earn.” - Sudeshna Sen This Week on Young Money: What a day in the life of Sudeshna looks like. The value in following your curiosity. The importance of committing to learning new things. Sudeshna's biggest financial challenge. The importance of assessing your mindset around money. The benefit of diversifying your income streams and where you invest your money. How education can impact your critical thinking skills. Key takeaways: Be curious. Be open to lifelong learning. Start investing young. Stay true to your values. Diversify your portfolio. Connect with Sudeshna Sen: The Abundance Psyche LinkedIn YouTube Resources Mentioned: EP161 Why an Abundance Mindset and Kindness are Key to Financial Fitness EP210 Maximize Your Earning Potential using LinkedIn with Sabita Singh EP214 Backpack to Briefcase with Stephanie Koonar EP286 The Gateway to Generational Wealth with Nathalie Noisette 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.

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: You are in control of your finances. Understand how much your income is. Shift your mindset from scarcity to abundance. Think bigger than the box you put yourself in. Connect with Aseel El-Baba: LinkedIn Conscious Economics Mindfulness Money Conscious Economics LinkedIn Conscious Economics Podcast Connect with Wendy Brookhouse: LinkedIn Website Black Star LinkedIn Facebook Twitter Resources Mentioned: EP063 Money Mindfulness with Jessica Moorhouse EP224 Get the Hell Out of Debt with Erin Skye Kelly EP227 Money Like You Mean It with Erica Alini EP229 Rich Girl, Broke Girl with Kelley Keehn EP238 Get Your Mindset and Money Right with Zandile Chiwanza EP249 Control Money Movements with Interac EP262 Taking Control of Our Money with Kelley Keehn 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.

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: Find emotional support. Take charge of your financial well-being. Create a supportive community. Utilize the tools available. Track your spending. Connect with William Keliehor: LinkedIn Resources Mentioned: Mindfulness & Money EP249 Control Money Movements with Interac EP184 Credit Canada Debt Solutions with Keith Emery EP224 Get the Hell Out of Debt with Erin Skye Kelly EP269 Tips for Tackling Debt Part 1 EP270 Tips for Tackling Debt Part 2 EP290 Affordability and Debt Management with BDO 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.

Jessica Baker, Vice President of Advisor Alliance at Co-operators, joins the show today to shed light on a recent survey that highlights the lack of investing confidence among young Canadians. The survey reveals some key findings that are particularly relevant to young people, showcasing notable differences in their approach compared to their parents and grandparents. The results highlight that 74% of young Canadians lack confidence in their ability to choose investments and are hesitant to seek financial advice from professionals. Many respondents expressed concerns about their financial habits and uncertainty about their future success. Jessica shares valuable tips for those unsure about where to start with their finances. She emphasizes the importance of not relying solely on social media for financial advice and encourages starting investments early and maintaining consistency. Listen in as she reminds young Canadians that they have the right to seek financial guidance.  “Not very many young Canadians are working with a financial advisor. A significant number of respondents lack confidence in their habits and they're very concerned about whether or not they're set up for success in their financial future.” - Jessica Baker This Week on Young Money: What the survey was trying to find out. How young Canadians are feeling about investing. Young Canadian's level of confidence in their financial futures. How to create wealth if not from home ownership. Why so many young people struggle to know what to do with their finances. Key takeaways: Don't believe everything you see on social media. Start investing early. Consistency is key in investing. You have the right to financial advice. Connect with Jessica Baker: Co-operators Resources Mentioned: Mutual Fund Disclosure 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.

As inflation pressures rise, more and more Canadians find themselves compelled to reevaluate their spending habits, seek effective budgeting techniques, and even consider additional sources of income. In this episode, Jennifer McCracken, a Partner and Senior Vice President at BDO's Vancouver office, will be joining the show to discuss BDO Canada's Affordability Index Spotlight, providing a comprehensive assessment of affordability and debt management among Canadians. Jennifer highlights the warning signs of financial distress, such as cutting back on essential expenses to meet debt obligations, particularly concerning for younger Canadians who face an alarming amount of debt. Moreover, she emphasizes the importance of improving financial literacy and breaking the taboo surrounding conversations about personal finances. For those listeners facing tight budgets and significant debt, Jennifer offers practical advice and effective debt management strategies. She addresses the overwhelming feeling of paycheck-to-paycheck living and provides guidance on where to begin in tackling debt-related challenges. Jennifer emphasizes that individuals should not feel embarrassed or ashamed about their debt and explores the options available, including the process and considerations involved when filing for bankruptcy.  “People shouldn't be embarrassed or ashamed about having debt.” - Jennifer McCracken This Week on Young Money: Who BDO Debt Solutions are and what they do. The findings of BDO Canada's Affordability Index Spotlight. How people are currently coping with inflation pressures. The current issues with debt in Canada. The most surprising thing found in the study. Advice for those on a tight budget dealing with significant debt. The options available when filing for bankruptcy. Key takeaways: Know your options. Create a budget. Understand how to deal with your debt. Connect with Jennifer McCracken: LinkedIn BDO Resources Mentioned: BDO Canada's Affordability Index Spotlight  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.

Janine Rogan is a highly respected keynote and TEDx speaker who has dedicated her career to empowering women to build wealth through financial feminism. Janine's mission is to educate and inspire women to confidently and profitably grow their wealth. Despite the pervasive wage gap that has historically disadvantaged women, Janine believes that women can still achieve financial equality for all by taking small, practical steps towards financial literacy. In this episode, Janine addresses the complex issue of the Pink Tax, which is the issue of women paying more than men for everyday products and services. She explains how this, coupled with the wage gap, can significantly impact women's ability to save, invest, and accumulate wealth over their lifetimes. Listen in as Janine emphasizes the importance of investing and negotiating for better wages, rates, and charges. She also advocates for supporting new mothers to ensure they can remain in the workforce and continue to build their wealth. With Janine's guidance, women can approach their financial literacy one step at a time, taking small, achievable actions towards financial freedom and empowerment. “There are so many things that compound over the course of our lives that make us [as women] spend more money when we're already learning less. This translates into how much wealth we have and how much power we have.” - Janine Rogan This Week on Young Money: Why women face so many more obstacles than men when building wealth. Janine's inspiration for writing her book. How our society impacts women's bank accounts. The importance of being an advocate for the women in your life. What Pink Tax is and why it is important for women to be aware of. The benefit of investing your money. Key takeaways: Be an advocate for yourself. Be aware of Pink Tax. Always negotiate. Invest your money. Support new parents. Connect with Janine Rogan: Website LinkedIn YouTube Twitter Instagram The Pink Tax Book Resources Mentioned: EP045 Stop Feeling Broke with Shannon Lee Simmons EP066 Living Debt-Free with Shannon Lee Simmons EP262 Taking Control of Our Money with Kelley Keehn EP276 Why Every Adult Needs a Will with Erin Bury of Willful EP278 Say Less Get More with Fotini Iconomopoulos 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.

There is no easy way to get rich quick. It's tempting to believe that there is, especially with all the stories you hear on the news and on social media. But the truth is, we need to be cautious and realistic about our financial situations. We can't fall for every offer or post we see on social media that promises easy money. So, in this episode, I want to get back to basics and share some tips on how we can start taking control of our financial situations. Listen in as I recap some of the key lessons from our previous episode on getting back to basics and share some additional tips on how to establish financial fitness routines, review expenses, and understand retirement-saving options. I promise you that these are simple yet effective steps that can make a significant impact on your financial well-being. Remember: small, imperfect actions are better than no action at all, so don't forget to make a date in your calendar to take one small step toward your financial fitness goals. “Let's get back to paying attention, taking accountability, and being disciplined with our actions when it comes to our finances.” - Tracey Bissett This Week on Young Money: Why there is no easy way to get rich quick. The importance of being aware of social media posts promising quick and easy money. Why every financial opportunity needs to be assessed to determine its fit for you and your financial situation. Why it's crucial to review your expenses, understand your retirement savings options, and establish financial fitness routines. How to reach your goals without overhauling your life. How to ensure you're advancing in your financial fitness. Key takeaways: Get back to basics with your finances. Review your expenses. Don't fall for social media “get rich quick” schemes. Take accountability. Take small, imperfect steps. Block out time for financial fitness.   Resources Mentioned: EP019 TFSAs vs. RRSPs EP070 RRSP Withdrawal Programs - What Are They & How Do They Work? EP072 Multi- Level Marketing – Is It the Right Opportunity for You? EP106 Milli Moves: Money & Media with Leanna Haakons EP137 How to Manage & Negotiate With Creditors (People You Owe Money) EP157 Milli Moves: How to Reset Financially    EP219 Future of Pandemic Money Habits with D'Arcy McDonald, SVP Scotiabank EP222 Why Financial Literacy Matters at Work EP229 Rich Girl, Broke Girl with Kelley Keehn EP231 Back to Basics   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.

Today we dive into the shadowy world of digital fraud and the sophisticated tactics used by scammers to lure unsuspecting victims. With March being Fraud Prevention Month in Canada, I want to emphasize the importance of being vigilant all year round to avoid falling prey to these scams.  Listen in as I share eight common signs of digital fraud that individuals should be aware of, including high-pressure sales tactics, offers that seem too good to be true, requests for personal or financial information, and attempts to keep the transaction secret. By being aware of the signs and staying informed, you can avoid falling prey to these scams and keep your personal information and finances safe. “Staying informed and vigilant is your best protection against fraud.” - Tracey Bissett This Week on Young Money: How to protect against digital fraud. Why we should be vigilant about protecting ourselves against fraud all year round. The importance of remembering that sometimes deals are too good to be true. Why you should never give financial information to an unknown source. Why we should only take financial advice from reputable sources. Key takeaways: If the offer is too good to be true, it probably is. Never give financial information to an unidentified or unverified business or individual. If something is made to be secret, it may not be a good thing. Being guilted into a transaction is not safe. Do your due diligence on the financial advice you take. Be aware of links and attachments.   Resources Mentioned: EP130 Show Me The Fraud – Fraud Prevention Month EP023 How to Protect Yourself from Fraud EP074 How to Protect Your Business from Fraud EP132 How to Protect Yourself from Fraud with Julie Kuzmic of Equifax EP235 How to Protect Yourself from the Romance Scam EP236 Good Investment or Investment Scam? EP237 Fun with Fraudsters Canadian Anti-Fraud Centre Financial Consumer Agency of 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.

Today's episode is all about the importance of managing your money mindset and the impact this can have on your financial success. A leading expert in business finance, Nathalie Noisette joins the podcast to offer valuable insights into why credit is foundational in today's society, as well as how it can affect your perception of risk and trust when it comes to financial institutions. Listen in as Nathalie shares practical tips and success strategies to eradicate debt, improve your credit score, and avoid common missteps when managing your finances. You'll learn the significance of having a healthy money mindset and how to make wise financial decisions to achieve long-term success. “It doesn't matter where you are in your life, credit is foundational. Credit is really just the intersection between risk and trust.” - Nathalie Noisette This Week on Young Money: Nathalie's inspiration for her book. Why credit is critical in today's society. Why she is so passionate about helping single mothers. How to improve your relationship with money. The importance of managing your mindset. Key takeaways: Work on your credit. Learn your emotional triggers. Look at your numbers. Understand what you truly need versus what you want. Connect with Nathalie Noisette: Website TikTok Instagram LinkedIn Resources Mentioned: Converted: Uncover The Hidden Strategies You Need To Easily Achieve Massive Credit Score Success 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.

Have you ever wanted to know if someone is lying to you or manipulating you in a conversation? In this episode, former Naval Intelligence Officer and Marine Corps certified interrogator Lena Sisco shares her expertise on how to detect honesty and persuade others to be honest in any conversation. Lena has conducted hundreds of interrogations during her service in the Global War on Terror, and she is now the CEO and Founder of two companies, The Congruency Group and SECTOR INTELLIGENCE, where she teaches effective communication practices for interviewing, elicitation, and negotiation. Join us as Lena discusses the benefits of understanding people, the importance of being more trustworthy, and how these communication skills can benefit all facets of your life. Whether you're going into a big purchase or just trying to build stronger relationships with those around you, Lena's insights and advice can help you feel more prepared, informed, and heard in any important conversation. “Sometimes, we just need to stop talking and listen more.” - Lena Sisco This Week on Young Money: What a day in the life of Lena Sisco entails. How communication skills can benefit all facets of your life. The importance of spending time trying to understand people. How to make people feel more comfortable with you. Advice for going into a big purchase. How to create an environment of trust. Key takeaways: Don't be accusatory. Listen to those you're speaking with. Do your homework. Know what you're willing to pay for. Be trustworthy. Own your mistakes. We don't know what we don't know. Connect with Lena Sisco: Email Facebook LinkedIn Twitter Instagram The Congruency Group SECTOR INTELLIGENCE  Resources Mentioned: EP130 Show Me The Fraud – Fraud Prevention Month EP023 How to Protect Yourself from Fraud EP074 How to Protect Your Business from Fraud EP132 How to Protect Yourself from Fraud with Julie Kuzmic of Equifax EP215 Detecting Deception and Understanding Body Language with Lena Sisco EP235 How to Protect Yourself from the Romance Scam EP236 Good Investment or Investment Scam? EP237 Fun with Fraudsters EP278 Say Less Get More with Fotini Iconomopoulos Canadian Anti-Fraud Centre 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.

Heather Roberts is a Boundaries Coach who helps female entrepreneurs create space in their lives and businesses. She joins us today to share the importance of defining what boundaries mean to each individual, as well as advice for overcoming the struggles women often face when trying to establish boundaries. Listen in as she offers tips on how to overcome the guilt and other negative emotions that may arise during this process. You'll learn why it's crucial to ask for clarification when feeling unsure about what is expected of you, why texting or emailing may not be the best option for having difficult conversations, and how to create boundaries that will help you achieve the business and life you truly want. "You don't have to have the business you have. You can have the business you wanted.” - Heather Roberts This Week on Young Money: Why Heather decided to focus her business on women. The importance of remembering that you can have the business you truly want. Why women struggle to put boundaries in place. How to overcome the guilt that comes up when you set boundaries. The benefit of creating expectations around relationships with loved ones. The importance of asking for clarification if you're feeling unsure of expectations. Why text and email are not an option for hard conversations. Key takeaways: Define your boundaries. Set expectations. Ask for clarity or help when needed. Take time to communicate. Connect with Heather Roberts: Website Facebook LinkedIn Instagram 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.