EP317 Lessons Learned in 2023; 2024 Predictions & Tips

As we bid farewell to 2023 and welcome 2024, it's time to reflect on the past year's financial lessons and look ahead with optimism and preparedness. In this episode, I'm diving into the significant financial events of 2023, from soaring interest rates to the challenges of inflation and job cuts, and how they've shaped our financial behaviors.

Join me as I celebrate Young Money's milestones (including crossing 350,000 downloads!), explore the personal and professional achievements of the year, and discuss the importance of community support and personal health in our financial journeys. I also share predictions for 2024 and practical tips to help you take control of your finances and navigate the uncertainties ahead.

"Reflect on your financial learnings and prepare for a year of taking control of your finances." - Tracey Bissett

This Week on Young Money:

• A review of the financial landscape in 2023, including interest rates, inflation, and job market trends.
• The impact of financial stress on Canadians' mental health and well-being.
• Celebrating Young Money's achievements and personal milestones.
• Predictions for the financial challenges and opportunities in 2024.
• Five actionable tips for improving your financial fitness in the new year.

Key takeaways:

1. Reflect on your financial experiences and learnings from the past year.
2. Understand the ongoing financial challenges and prepare for them.
3. Embrace community support and prioritize health alongside financial goals.
4. Set realistic financial goals and be mindful of your spending habits.
5. Seek professional advice and support to enhance your financial journey.

Resources Mentioned:

• Feedspot's Top 10 Financial Podcasts in Canada
• FP Canada 2023 Financial Stress Index
• EP062: What is your Money Mindset?
• EP114: Milli Moves: Are you Uber Broke?
• EP301: Will Swifties Save or Sink into Debt
• EP315: How to Protect Yourself Online with TELUS

 

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