EP124 Adulting 101: How to Stick Up for Your Consumer Rights with Ellen Roseman

Ellen Roseman is a Consumer Advocacy and Personal Finance journalist who is passionate about standing up for ordinary Canadians and being a champion for consumers to fight back against consumer injustices. As a public speaker and author, she has presented keynote speeches and written multiple books on consumer injustice topics. Her latest book, Fight Back: 81 Ways to Help You Save Money and Protect Yourself from Corporate Trickery, shares money-saving tips and advice from leading consumer advocates in Canada. Additionally, Ellen is the co-chair of the investor advocacy group, FAIR Canada, and the co-host of the monthly Moneysaver podcast. She regularly teaches courses on personal finance and investing at the University of Toronto, School of Continuing Studies.


Ellen joins me today to share how to stick up for your consumer rights and leverage loyalty to negotiate better deals. She highlights the advantages of joining investing communities and clubs as well as resources for improving your financial acumen. She explains how to use social media to fight for your rights as a consumer and the difference amongst various investments. Ellen shares opportunities for young people to start investing and why she believes exchange-traded funds (ETFs) and robo-advisors are one of the best ways to start investing.


“Consider every transaction as a negotiation transaction using your own loyalty.” – Ellen Roseman


This Week on Young Money:


  • Investor communities on social media
  • The advantages of low-cost investing
  • The benefits of being a career specialist over a generalist
  • How to use social media to fight for your consumer rights
  • Why ETFs and robo-advisors are a great way to start investing
  • The secret to creating wealth and dividend reinvestment (DRIP)
  • Tips for consumers to save money through negotiating a better deal
  • Financial tips for future entrepreneurs
  • Why regular talks about money with your spouse are vital
  • Why you should join or create a money-advice club

Key takeaways:


  1. Build up your investment knowledge
  2. Be a smart consumer and save money
  3. Don’t be scared of money and open communication lines

Resources Mentioned:


Connect with Ellen Roseman:


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