Episode 28

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Published on:

15th Feb 2021

Helpful Money Advice that Will Have You Feeling More Confident | E28 Tracey Bissett

Why don’t we feel better equipped to handle our finances when we get into the real world?

My guest today is working to solve that issue. On the show with me is Tracey Bissett, President and Chief Financial Fitness Trainer at Bissett Financial Fitness.

Tracey has over 20 years of experience in the financial services industry and after moving on from her successful career in banking, she’s now focused on helping young adults and entrepreneurs achieve their financial goals. 

Tracey is also the Host of the Young Money Podcast: an advice show for young millionaires in the making which she started over 3 years ago and now has over 120,000 downloads.

My goal by the end of this conversation is to have you feeling more confident about growing and using your financial skills.

 

Show Notes:

[1:39] What is financial fitness?

[3:25] Why is money so mysterious and what are schools doing to change this?

[10:29] Having money conversations with your roommates

[14:39] How Tracey got started in entrepreneurship

[23:45] What are young adults doing well with money?

[28:06] What is credit and what factors create my credit score?

[30:38] Tackling students loans

[34:55] Tips for creating your side hustle

 

Favorite Quotes:

[2:39] “We can’t change where we are starting but we can certainly change where we end up.”

[32:21] “Getting a $1,000 scholarship will save you about 70 hours of work.”

[37:21] “Whenever I’m in doubt and don’t know how to approach something, I always ask Google.”

[49:19] “Be purposeful. Make sure your life is filled with the things that you like and use your money as a tool to get you there.”

 

Mentions:

Young, Fun & Financially Free: Live the good life now and build a kick-ass future! By Leanna Haakons (https://www.amazon.com/Young-Fun-Financially-Free-Kick-Ass/dp/0998854638)

Check your credit score at AnnualCreditReport.com

Young Money Scholarship Fund (https://www.bissettfinancialfitness.com/ym-scholarship-fund/)

 

More of Tracey:

LinkedIn: https://www.linkedin.com/in/traceybissett/

Young Money Podcast (https://www.bissettfinancialfitness.com/category/podcast/)

 

More of TSIR:

Find show notes and more at https://www.tsirpodcast.com/

Follow us on Instagram at https://www.instagram.com/tsirpod/

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About the Podcast

FI Minded: Achieve Financial Independence & Have Fun Doing It
Achieve Financial Independence & Have Fun Doing It
Want to achieve Financial Independence (FI) without missing out on life?

FI Minded is the podcast for anyone seeking financial freedom, time freedom, and a work-optional lifestyle — all while enjoying the journey along the way.

Whether you’re at the beginning of your FI journey or already deep into Coast FI or Slow FI, this show gives you practical strategies and insights to reach early retirement and design a life that aligns with your values, purpose, and fulfillment.

Popular topics include:
- FI Optimization Strategies: Actionable advice to reach Financial Independence faster without unnecessary stress.
- Work Optional & Lifestyle Design: How to transition from the corporate grind and build a life of freedom, flexibility, and intentional living.
- Time Freedom & Coast FI: Making the most of your time while still planning for the future, including mini-retirements, travel, and other ways to enjoy your life now.
- Post-FI Identity & Purpose: What to do once you’ve achieved FI, and how to create meaning beyond money.
- Burnout & Balance: Avoid the pitfalls of over-optimization and learn to balance saving for the future with mental health and happiness.

If you want to reach financial independence, design a life that’s purposeful and fun, and avoid burnout along the way, FI Minded is your guide to building a sustainable, fulfilling, and free life.

Some of our past guests include Carl Jensen (1500 Days), Jeremy Schneider (Personal Finance Club), Nick Loper (Side Hustle Show), Andrew Giancola (The Personal Finance Podcast), Jordan Grumet (Earn & Invest), Rachael Camp (Work Optional), Jillian Johnsrud (Retire Often), Sean Mullaney (FI Tax Guy), Jill Sirianni (Frugal Friends), Jackie Cummings-Koski (Catching Up to FI), Joel Larsgaard (How to Money), Cody Garrett (Measure Twice), Jesse Cramer (Personal Finance for Long-Term Investors), Jess (The Fioneers), Chris Hutchins (All The Hacks), Diania Merriam (EconoMe), and many more inspiring voices in the FI space.
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