Young Money With Tracey Bissett

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

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

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

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