EP053 Choose Your Path to Financial Success

Published: Oct. 16, 2018, 9 a.m.

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Tristen is a 21-year-old musician, carpenter, salesman and barman. He is also a homeowner and landlord. After a brief experience at university, he decided that college was a better fit for his business and personal goals. Once qualified as a carpenter, he continued to work across other roles to help bolster his financial portfolio and support his home-owning and real estate dreams.\\xa0

Carly is a 28-year-old elementary teacher in Toronto, who also teaches\\xa0dance two nights\\xa0a week. At just 23, she purchased and renovated her first condo and plans to complete further property purchases in the future.\\xa0Carly worked through her\\xa0post-secondary\\xa0schooling and was fortunate to graduate without student debt.\\xa0\\xa0

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Tristen and Carly join me today to share their journey into property investment, real estate, and property renovation. They share why they chose real estate as their path to financial success, their long-term goals for their future success, and the financial lessons they wish they learned earlier in their lives and careers. They also share tips on choosing the right career path to achieve financial success.\\xa0

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\\u201cNo matter how small a purchase seems - it all adds up.\\u201d - Tristen\\xa0

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This Week on Young Money:\\xa0

  • Tristen\\u2019s background and how he became a homeowner and property investor.\\xa0
  • What he wished he knew when he was younger.\\xa0
  • His financial goals and thinking long term.\\xa0
  • Carly\\u2019s background and her current professional career.\\xa0
  • Her biggest financial turning point and how she graduated university without any debt.\\xa0
  • How she bought a condo at 23 years old.\\xa0
  • Her goals for the future.\\xa0
  • Why she recommends investing in a Tax-Free Savings Account (TFSA).\\xa0
  • Low-risk investment strategies she has implemented to grow her financial portfolio.\\xa0
  • How strong support systems helped Tristen and Carly\\xa0achieve\\xa0their goals.\\xa0\\xa0

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Top Tips For Choosing Your Path to Financial Success:\\xa0

  1. Smaller purchases add up!\\xa0
  2. It doesn\\u2019t have to be a 9-5 job - research other ways to earn income.\\xa0
  3. Start investing early.\\xa0
  4. Ask questions and don\\u2019t be afraid of sounding stupid\\xa0or silly.\\xa0

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Rate, Share & Inspire Other Young Millionaires-in-the-Making\\xa0\\xa0

Thanks for tuning into the Young Money Podcast - the advice show for young millionaires-in-the-making! If you enjoyed this week\\u2019s episode,\\xa0head over to iTunes\\xa0and leave us a rating and review. Don\\u2019t forget to share your favorite episodes on social media!\\xa0\\xa0

Subscribe to the Young Money Podcast on iTunes so you never miss an episode and reach out to us on\\xa0Facebook,\\xa0Twitter,\\xa0LinkedIn, our\\xa0Linkedin Company Page, or by\\xa0visiting our website.

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