Mark's Money Mind

Financial Literacy Miniseries - Part 1 | Episode 055


Listen Later

Kickstarting Financial Literacy: Tracking Income and Expenses

In this episode Mark introduces a special miniseries aimed at the high school seniors of Crested Butte Community School. Mark outlines his plan for making financial literacy accessible through podcast episodes that parallel his classroom lessons. 

He delves into the key components of the first lesson: tracking income and expenses. Mark discusses setting up a ‘Money Journal,' understanding paychecks, categorizing expenses, and prioritizing savings. He emphasizes the importance of living within your means and avoiding 'lifestyle creep.' 

Tune in to explore actionable steps towards financial freedom and learn about tools and techniques to maintain a healthy financial life.

Episode Links:

Mark’s Money Mind YouTube Channel

Spending Tracker App (iPhone)

Spending Tracker App (Google)

Timestamps:

  • 00:25 Purpose of the Financial Literacy Miniseries
  • 02:35 Overview of Financial Literacy Course
  • 05:23 Lesson 1: Tracking Income and Expenses
  • 06:01 Understanding Financial Statements
  • 12:34 Fixed, Variable, and Periodic Expenses
  • 14:40 Prioritizing Savings
  • 22:19 Tools for Tracking Spending
  • 24:32 Wrap Up
  • ...more
    View all episodesView all episodes
    Download on the App Store

    Mark's Money MindBy Mark Trautman

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    73 ratings


    More shows like Mark's Money Mind

    View all
    Afford Anything by Paula Pant | Cumulus Podcast Network

    Afford Anything

    3,550 Listeners

    The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

    The Stacking Benjamins Show

    1,985 Listeners

    Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

    Retirement Answer Man

    1,311 Listeners

    Retirement Starts Today by Benjamin Brandt CFP®, RICP®

    Retirement Starts Today

    534 Listeners

    ChooseFI by ChooseFI

    ChooseFI

    5,143 Listeners

    The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

    The Retirement and IRA Show

    742 Listeners

    BiggerPockets Money Podcast by BiggerPockets

    BiggerPockets Money Podcast

    3,082 Listeners

    The Boldin Your Money Podcast by Steve Chen

    The Boldin Your Money Podcast

    193 Listeners

    Earn & Invest by Jordan Grumet (Doc G)

    Earn & Invest

    455 Listeners

    Risk Parity Radio by Frank Vasquez

    Risk Parity Radio

    278 Listeners

    Personal Finance for Long-Term Investors - The Best Interest by Jesse Cramer

    Personal Finance for Long-Term Investors - The Best Interest

    140 Listeners

    Mile High FI Podcast by Doug Cunnington & Carl Jensen

    Mile High FI Podcast

    201 Listeners

    Retirement Planning Education, with Andy Panko by Andy Panko

    Retirement Planning Education, with Andy Panko

    950 Listeners

    Catching Up to FI by Bill Yount & Jackie Cummings Koski

    Catching Up to FI

    358 Listeners

    Live Long and Well with Dr. Bobby by Dr. Bobby Dubois

    Live Long and Well with Dr. Bobby

    133 Listeners