This episode is an introduction to the Mark’s Money Mind show hosted by Mark Trautman, CFP® from Crested Butte, Colorado. He shares his passion for financial education and his plan to share timely topics, personal stories and community wisdom through his new show.
Mark shares his own journey to financial independence, beginning from taking the first step of learning about personal finance through books as the internet was not popular back then.
From there, he shares how he and his wife made smart financial decisions like maximizing their 401k contributions, house hacking and maintaining a minimum 20% savings rate. He talks about getting his Certified Financial Planner designation for his own knowledge and transitioning into retirement at age 50.
The story takes a turn with the unfortunate cancer diagnosis of his wife and her subsequent passing. The incident made Mark realize the importance of a living a life of balance, between saving for the future and living in the present, and he encourages listeners to do the same.
The goal of the show is to discuss a wide range of financial topics along with audience participation via submitted questions.
Send your questions to
[email protected] (put “Podcast Question” in the subject line)
Episode Links:
The Wealthy Barber by David Chilton
The Millionaire Next Door by Thomas J. Stanley and William D. Danko
Who Let That Lifestyle Creep In?
Timestamps:
00:00 Introduction to Mark’s Money Mind
00:28 Why I Started This Podcast
00:53 My Journey to Financial Education
01:41 The Importance of Community in Financial Learning
01:58 My Experience Teaching Personal Finance
03:14 My Involvement in the Financial Independence Community
04:12 The Range of Topics We’ll Discuss
05:43 My Personal Financial Journey
12:19 The Importance of Saving and Investing
15:18 Our Experience with Housing and Debt
27:31 The Decision to Move to Colorado
32:42 The Impact of My Wife’s Cancer Diagnosis
35:30 The Importance of Purpose in Retirement
_______________
As an Amazon Associate this show earns income from qualifying purchases. Affiliate links do not increase your costs, and we will only link to products or services that we are familiar with and that we feel may deliver value to you. The modest income received from affiliate links helps support the cost of running and managing this show.