DiscoverMark's Money MindFinancial Literacy Miniseries - Part 1 | Episode 055
Financial Literacy Miniseries - Part 1 | Episode 055

Financial Literacy Miniseries - Part 1 | Episode 055

Update: 2025-11-26
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Description

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

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Financial Literacy Miniseries - Part 1 | Episode 055

Financial Literacy Miniseries - Part 1 | Episode 055

Mark Trautman