EP226 Financial Accountability Over Financial Resolutions
With so much going on right now (pandemic, job loss, holidays, etc.), how are we supposed to become financially fit? This is a question many are asking themselves as we approach the end of 2021, a year that rivals 2020 in terms of its difficulties. So, in this episode, I will be explaining the key to financial success and how to become financially resilient in the face of adversity.
Listen in as I share how to become an active participant in your financial knowledge, as well as why it is so important to be intentional with your spending. You will learn the benefit of being consistent, how to financially prepare for your future, and what you should be tracking in terms of your finances.
“Scotiabank’s newly released Worry Poll reveals that Canadians between the ages of 18-34 worry an average of 12 hours per week, 2 hours higher than the Canadian average.” – Tracey Bissett
This Week on Young Money:
- The amount of Canadians currently feeling anxious about their finances.
- How the pandemic has left people feeling about spending their money.
- The benefit of reflecting on your past.
- Where to find education in regards to finances.
- Why having an emergency fund is essential.
- How to set appropriate financial goals so that you can budget appropriately.
Key takeaways:
- Be persistent.
- Take responsibility.
- Hold yourself accountable.
- Be resilient.
- Consistency is key.
Resources Mentioned:
- Tracey Bissett – The Money Coach for Entrepreneurs YouTube Channel
- EP039 Bitcoin and Other Cryptocurrencies Demystified with Alan Wunsche
- EP059 What is insurance and Why do I Need it with Deborah Williams
- EP131 Adulting 101: Why You Need a Will and Powers of Attorney with Erin Bury
- EP219 Future of Pandemic Money Habits with D’Arcy McDonald, SVP Scotiabank
- EP222 Why Financial Literacy Matters at Work
Young Money Listener Contest
We are celebrating four years of Young Money! So, if you love the Young Money podcast, show us by leaving a review on apple podcasts. Share your review with us on social media and tag us or send a pic through in the DMs.
For every review left for the Young Money podcast, you will be entered into a draw to win a book of your choice from one of our fabulous guests to help you on your financial fitness journey. There will be winners weekly so review away!
Contest closes January 31st!
Not sure how to leave a review, check out the instructions here.
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