With the rising cost of living due to inflation, many Canadians are stuck relying on credit cards and loans in order to pay for necessary items in their lives. This is causing an increase in debt levels and an overall fear of finances for a lot of people. Our guest today is Eva Wong, Co-Founder and Chief Operating Officer at Borrowell, a financial technology company dedicated to making financial prosperity possible for everyone. In this episode, Eva will be sharing her advice for those Young Money listeners wanting to get out of debt and build their credit scores so they can start working toward financial well-being.
Listen in as Eva explains the importance of surrounding yourself with successful people who are either on the same path as you or are where you want to be in your career. You will learn several tips for improving your credit score, the benefit of focusing on one small action toward your goals, and why you should never get complacent with your financial situation.
“Your happiness isn’t necessarily a one-for-one direct correlation with how much money you’re making.” – Eva Wong
This Week on Young Money:
- Eva’s journey to entrepreneurship and how she ended up where she is today.
- The importance of understanding your financial and debt situation.
- How to be more self-motivated.
- Why the amount of money you make doesn’t necessarily correlate with how happy you are.
- Eva’s advice for improving your credit score.
Key takeaways:
- Find your passion.
- Use technology to your advantage.
- Don’t get complacent.
- Surround yourself with good people.
- Check your credit score often.
Connect with Eva:
- Website
- Borrowell Facebook
- Borrowell Instagram
- Borrowell Twitter
- Borrowell LinkedIn
Resources Mentioned:
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