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Eliminate Your Money Mistakes with Tracey Bissett

The Dough Roller Money Podcast

Release Date: 05/02/2022

DR 366: Net Worth, Bank Accounts, and Treasury Yields show art DR 366: Net Worth, Bank Accounts, and Treasury Yields

The Dough Roller Money Podcast

Today in episode 366 of the Dough Roller Money Podcast we cover tracking your net worth, having more than one bank account, and current action in treasury yields. Empower: Kubera: CNN Article: 10 Best Checking Accounts: Best Savings Accounts: Treasury Yields: ----------------------------------------------------------------------------------------------- The Dough Roller Money Podcast is a finance podcast for easy-to-understand advice on managing your money. How to make it, give it, save it, spend it, and invest it in a way that puts you in control of your money and makes it work for...

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DR 367: The 4% Rule, 3 Financial Planning Tools, and the Optimal Credit Card Rewards Strategy show art DR 367: The 4% Rule, 3 Financial Planning Tools, and the Optimal Credit Card Rewards Strategy

The Dough Roller Money Podcast

In today's podcast we cover three topics: The 4% Rule: Just how realistic is the 4% rule for most retirees? I have my doubts, and will briefly discuss an alternative called the Spend Safely in Retirement Strategy. Financial Planning Tools: We'll look at three of my favorite financial planning tools. Finally, we'll cover what I think is an optimal credit card rewards strategy. FICalcApp: 2% Cash Back Credit Cards: Empower: ProjectionLab: New Retirement: Spend Safely in Retirement Strategy Video: ProjectLab Video Review: New Retirement Video Review: Empower Video Review: ...

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DR 366: Inflation, Rates and Recession show art DR 366: Inflation, Rates and Recession

The Dough Roller Money Podcast

Today we discuss the latest CPI and PPI numbers, their effect on interest rates, and the whether a recession is coming. CPI: CPI Details: PPI: Savings Account Rates: Money Market Account Rates: CD Rates: No-Penalty CD Rates: T-Bill Yields: Mortgage Rates:   ------------------------------------------------------------------------------------------------- The Dough Roller Money Podcast is a finance podcast for easy-to-understand advice on managing your money. How to make it, give it, save it, spend it, and invest it in a way that puts you in control of your money and makes it...

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DR 365: Budgeting Credit Cards, Maximizing a Fund's Returns and the Power of Subtraction show art DR 365: Budgeting Credit Cards, Maximizing a Fund's Returns and the Power of Subtraction

The Dough Roller Money Podcast

Today in episode 365, we look at the following three topics: Budgeting Credit Cards: How should we manage credit card debt in our budget? We'll look at the difference between credit cards we pay in full each month and credit card debt we are working to pay down. Maximizing Returns: There is one simple strategy we can use to get the most returns out of a mutual fund or ETF. We'll talk about that strategy and how we can use it to build a solid investment plan. The Power of Subtraction: Finally, we'll look at why removing things from our lives can be just as powerful as adding things. Resources: ...

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DR 364: Cash Stuffing, Student Loans and Your Retirement Number show art DR 364: Cash Stuffing, Student Loans and Your Retirement Number

The Dough Roller Money Podcast

Today in episode 364 we'll talk about cash stuffing, student loans, and how much you need to retire. Cash Stuffing: My parents called this the envelope budgeting method. Today TikTok and YouTube have rebranded it as cash stuffing and made the envelope system cool again. We talk about its pros and cons. Student Loans: There are two topics on tap for today. First, we expect the Supreme Court to rule today on President Biden's attempt to wipe out $400 billion in student loans. We also look at the economic effects of student loan repayments set to resume in October. Retirement: Finally, we look at...

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DR 363: Is SaveBetter Safe, 3 Best Budgeting Apps, and Vanguard's New $25 Fee show art DR 363: Is SaveBetter Safe, 3 Best Budgeting Apps, and Vanguard's New $25 Fee

The Dough Roller Money Podcast

Today we begin by looking at SaveBetter (now called Raisin). They offer some of the best interest rates on bank accounts available anywhere. But several people have emailed me asking whether SaveBetter is safe. I'll share the response I received directly from SaveBetter. Then we look at 3 of the best budgeting apps, including one that is free and one that gives you complete control of your data. Finally, we talk about the new $25/month fee that some Vanguard clients will incur beginning in September if they don't act now. RESOURCES Join the Newsletter: Best Savings Accounts: Best Money...

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DR 362: Inflation, Dave Ramsey Lawsuit & Investing Fees show art DR 362: Inflation, Dave Ramsey Lawsuit & Investing Fees

The Dough Roller Money Podcast

Today we start be discussing inflation. Both CPI and PPI numbers are down and the Fed has paused interest rate hikes. For the moment, an FDIC-insured savings account pays more than the rate of inflation. Then we discuss the $150 million lawsuit against Dave Ramsey. There are some important lessons here for all of us. Finally, I answer a listener's question about investment fees inside a Roth workplace retirement Account. RESOURCES: CPI:  PPI: Best Savings Accounts: Best No-Penalty CDs: Dave Ramsey Lawsuit: Empower: https://go.doughroller.net/empower/yt-362 ...

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DR 361: Binance, Marriott Bonvoy Credit Cards & Getting Investment Help show art DR 361: Binance, Marriott Bonvoy Credit Cards & Getting Investment Help

The Dough Roller Money Podcast

Today in episode 361 of the Dough Roller Money Podcast, we cover three things: Binance: Why has the SEC sued Binance related entities, including its CEO, CZ, and what can we learn from the lawsuit. Marriott Bonvoy has just increased the welcome offer on its credit cards. And I'll share a story of the advice a gave a friend in retirement looking for help managing their investments. RESOURCES MENTIONED IN THE PODCAST -Dough Roller Newsletter: https://robberger.com/newsletter/ -Rob Berger Newsletter: -Rob Berger YouTube Channel: https://www.youtube.com/@rob_berger -Dough Roller YouTube...

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DR 360: Past, Present and Future show art DR 360: Past, Present and Future

The Dough Roller Money Podcast

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Eliminate Your Money Mistakes with Tracey Bissett show art Eliminate Your Money Mistakes with Tracey Bissett

The Dough Roller Money Podcast

Today on the Dough Roller Money Podcast we are talking with Tracey Bissett! Tracey is an award-winning Financial Literacy Educator. She founded Bissett Financial Fitness, hosts the Young Money podcast, and on top of all this she is also a full-time professor in the financial services faculty within the Business School at Centennial College. Last year Tracey was awarded as the Most Influential Financial Literacy Leader and The Best Financial Education & Consulting Firm for Bissett Financial Fitness.  In this episode, Tracey jumps right into her goal as a financial fitness coach and how she...

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Today on the Dough Roller Money Podcast we are talking with Tracey Bissett!

Tracey is an award-winning Financial Literacy Educator. She founded Bissett Financial Fitness, hosts the Young Money podcast, and on top of all this she is also a full-time professor in the financial services faculty within the Business School at Centennial College.

Last year Tracey was awarded as the Most Influential Financial Literacy Leader and The Best Financial Education & Consulting Firm for Bissett Financial Fitness. 

In this episode, Tracey jumps right into her goal as a financial fitness coach and how she is here to guide people through their money mistakes! She gives her advice on what business owners new and old should be looking out for when dealing with their company’s finances. She also explains how business owners can apply their financial literacy into their personal lives! 

If you are ready to eliminate your money mistakes keep on listening! 

 

 

Calls to Action: 

 

Follow Dough Roller on Linkedin: https://www.linkedin.com/company/dough-roller/

Follow Dough Roller on Instagram: https://www.instagram.com/doughrollermoney/

Follow Dough Roller on Twitter: https://twitter.com/doughroller

Check out the Dough Roller website and blog: https://www.doughroller.net/

 

 

Timestamps:

 

00:00 - Introduction to Tracey

03:09 - What are the personal biases Tracey think people should look out for when dealing with money

06:30 - Tracey explains what exactly is a financial fitness coach

08:41 - What are the money mistakes she sees that business owners often make

10:50 - What are Tracey’s tips for businesses to get out of these mistakes

13:53 - Does what Tracey teach translates from business owners to personal finance 

16:26 - Tracey’s advice for business owners who aren’t intentional with spending money

18:15 - How she approaches helping with people who have side hustles and her advice for those starting side hustles

23:50 - What are the currently issues that Tracey seeing during COVID

27:00 - How Tracey helps young adults

32:36 - Where you can follow Tracey and her endeavours 



Mentioned in the Episode:

 

Check out Tracey’s Website: https://www.bissettfinancialfitness.com/about/ 

Listen to Tracey’s Podcast: https://ymwithtraceybissett.libsyn.com/ 

Connect with Tracey on LinkedIn: https://www.linkedin.com/in/traceybissett/?originalSubdomain=ca