EP206 Milli Moves: 3 Financial Fitness Lessons from the 2021 Olympics

The 2021 Tokyo Olympics have been unlike any we have had before. Delayed by a year due to the pandemic, and with COVID-19 restrictions in place resulting in health precautions and limited attendance, this year's Games have offered many lessons and takeaways that can be applied to financial fitness, and I'm excited to share those with you today. Listen in as I discuss the importance of consistency when growing your wealth and knowledge around finances, as well as the benefit of taking calculated risks with your money. You'll learn why you should never be afraid to ask questions, why consistent saving is crucial, and how mental health plays into all of this. There is so much to be learned from these athletes, and I hope you will implement some of these lessons into your financial strategies.

“ Educating ourselves, starting small, and consistently saving and investing with time on our side to earn compound interest is the key. ” - Tracey Bissett

This Week on Young Money:

• Why you should be aware of your mental health.
• The importance of saving consistently and investing your money.
• Why you should never stray away from asking for help when needed.
• The benefit of having someone help you with your finances.
• Why taking care of yourself first is so important.

Key takeaways:

1. Consistency is key.
2. Be bold.
3. Ask questions.
4. Mental health matters.

Resources Mentioned:

• Tracey Bissett – Money Coach Youtube Channel
• EP018 Cashflow Cookbook with Gordon Stein
• EP024 Young, Fun and Financially Free with Leanna Haakons of Black Hawk Financial
• EP034 Jeremiah Brown The 4 Year Olympian
• EP038 Investor Spotlight Part 1
• EP040 Investor Spotlight Part 2
• EP178 Broke Millennial Talks Money with Erin Lowry
• EP183 Talk Money to Me During COVID and Other Times of Financial Distress with Kelley Keehn
• LifeWorks Financial Wellbeing Index Canada: Spring 2021

Rate, Share & Inspire Other Young Millionaires-in-the-Making

Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week’s episode, head over to Apple Podcasts and leave us a rating and review. Visit our website to learn how easy it is to leave a review on Apple Podcasts.

Don’t forget to share your favorite episodes on social media!

Follow the Young Money Podcast on iTunes so you never miss an episode and reach out to us on Facebook, Twitter, LinkedIn, our LinkedIn Company Page, or by visiting our website.