In this episode of 3DEEPERCUTS PODCAST we discuss a cautionary tale of a wedding gone wrong, with Colton, an experienced financial advisor from Vancouver, BC. Colton elaborates on the importance of financial planning, basic literacy and personal cash flow analysis. He shares insights on managing debt, budgeting, and making smart financial decisions to achieve financial freedom and success. Additionally, he emphasizes understanding and balancing enjoyment of life with fiscal responsibility, finding harmony in spending and saving. He also touches upon the role of behavioral finance and the significance of tracking expenses and setting financial goals. Colton's expertise serves as a valuable guide for young professionals aiming to secure their financial future while avoiding common pitfalls.
00:00 A Cautionary Wedding Tale 02:31 Meet Colton: Financial Advisor Extraordinaire 03:40 The Importance of Financial Planning 07:14 Balancing Enjoyment and Financial Responsibility 08:58 Navigating Vancouver's High Cost of Living 13:37 How to use credit cards 20:26 Personal Finance Lessons and Mistakes 26:09 The Emotional Side of Spending 33:16 Navigating Financial Transparency in Relationships 34:24 Building Financial Stability Through Side Hustles 37:36 Exploring Geographical Arbitrage 41:25 Preparing Financially for Parenthood 44:26 Why you need an emergency fund. 48:59 Insights from Tim Grover's 'Relentless' 53:15 The Role of Cryptocurrency in Your Portfolio 56:57 Spreading Financial Literacy on X 01:00:09 Conclusion and Resources
SPEAKER LINKS:
Website: https://genwealth00.gumroad.com/l/yrxga
X/Twitter: https://x.com/gen__wealth
PODCAST LINKS:
SubStack: https://3deepercuts.substack.com/podcast
Website: https://3deepercuts.net
YouTube: https://youtube.com/@3deepercuts?si=-Hbz-I4VWhwiOfmn
Spotify:
HOST LINKS:
Career Guides: https://chuckgmd.gumroad.com/
Writings: http://chuckgmd.substack.com
Enjoy the episode, Professors.
We’ll catch you next time. Please feel free to reach out with feedback to me. Always looking for ways to make this audio-experience better for you, the listeners.
In strength,
CHUCK-G
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3DEEPERCUTS PUBLISHING 2024
043 - How Colton helps young people in British Columbia become financially literate, retire early, spend more time with family, and travel the world.