EP149 Adulting 101: How to Deal with Overwhelming Debt Levels with Taz Rajan, Bromwich + Smith
Young Money with Tracey Bissett
Release Date: 07/14/2020
Young Money with Tracey Bissett
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...
info_outline EP330 Small Business Path to Impact with Pouya Zangeneh, ScotiabankYoung Money with Tracey Bissett
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...
info_outline EP329 Canadian Holiday Spending Outlook with PwCYoung Money with Tracey Bissett
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...
info_outline EP328 More Than A Number with Meridian Credit UnionYoung Money with Tracey Bissett
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...
info_outline EP327 Student Loan Repayment Explored with NerdWallet CanadaYoung Money with Tracey Bissett
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...
info_outline EP326 NerdWallet's Guide to the Costs of Fertility TreatmentsYoung Money with Tracey Bissett
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...
info_outline EP325 Spotlight on V.I.L. Landscaping founder Charlie KerriganYoung Money with Tracey Bissett
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...
info_outline EP324 Advice to My Younger Self with Martha IbrahimYoung Money with Tracey Bissett
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...
info_outline EP323 Financially Supporting Aging ParentsYoung Money with Tracey Bissett
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...
info_outline EP322 Fifth Annual Worry Poll Results with ScotiabankYoung Money with Tracey Bissett
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...
info_outlineTaz Rajan has been in the finance industry for 18 years and has her Adult Educator Certificate. She is the Community Engagement Partner at Bromwich+Smith Licensed Insolvency Trustees, where she gets to share her passion for simplifying complex financial concepts for her clients. Today she joins the show to discuss the importance of building long-lasting relationships and letting your inner light shine through.
Listen in as Taz shares the changes she has seen in her business since the beginning of this pandemic, as well as how she thinks things will change moving forward. She creates an open and comfortable environment and facilitates discussion very well on a topic that is not easy to talk about. If you have experienced bankruptcy, or you are feeling alone in your financial decisions, this is the episode for you.
“The biggest success factor that really has been the newest thing for me over the last 10 years is learning to let my own light shine.” - Taz Rajan
This Week on Young Money:
- The importance of opening up the conversation around money with your family.
- How to build long-lasting relationships and trust with your clients.
- What bankruptcy truly means and how to move past it.
- The positive things that have come from this pandemic.
- Why it's key to get help for your finances.
- The biggest mistake Taz wants you to avoid.
Key takeaways:
- Teach your children about money.
- Be confident.
- You are not alone.
- There is life after bankruptcy.
- Get help when needed.
Resources Mentioned:
This episode is powered by the Cash Control Bootcamp:
Are you inspired about your business? To start a new venture or take yours to the next level requires you to understand the cash flow cycle and how to manage the cash flow in your business. To help you learn those critical skills I have developed the Cash Control Bootcamp. The Cash Control Bootcamp is an introductory live, online group program that empowers entrepreneurs just like you to demystify your business finances and get control of your money so you can sleep better and provide the lifestyle you want for you and your family. The Cash Control Bootcamp - Know Your Numbers, Protect your Business and Grow for the Future, is for you. Register today here.
Connect with Taz Rajan:
The Young Money Scholarship Fund
Education has the power to help you achieve your life goals and create a financial fortress. It takes money from many different sources to pay for it.
The Young Money Scholarship Fund has been established to help post secondary students achieve their goals by removing some of the financial strain from the equation. This fund is powered by Bissett Financial Fitness Inc. Scholarship awards start at $250 per student.
So who is the Young Money Scholarship Fund for:
- Post secondary students studying in Canada
- Students that know it is important to help others achieve their goals
- Students who have a plan for what they will do when they graduate
Apply today or share with a post secondary student who should apply, here!
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