EP. 35 | Creighton Casey | Crypto, Credit Cards, Finance. Staying Fit, & Growing In Your 20s
Summary:
In this episode of the Tickets Toward Success podcast, I was joined by Creighton Casey, a surgical tech and personal finance enthusiast, and one of my great friends. We discuss our journeys in personal finance, the importance of budgeting, and the complexities of investing in crypto. Creighton shares his experiences with financial mistakes, the lessons he has learned through the early years, and the significance of understanding your finances. The conversation emphasizes the need for financial awareness, the impact of lifestyle choices on finances, and the value of time in relation to money management.
We explore the importance of investing in health and fitness, and the necessity of financial awareness and budgeting. The discussion shifts to credit card strategies, emphasizing the benefits and risks associated with credit use.
Finally, we delve into the world of cryptocurrency, particularly focusing on XRP and its potential as a future payment system, contrasting it with Bitcoin's limitations. We also dove into the intricacies of XRP and Ripple, exploring their roles in the cryptocurrency landscape and connections with major financial institutions. They discuss the implications of the SEC lawsuit on Ripple and the broader crypto market.
The discussion also touches on investment strategies in crypto, health hacks involving peptides, and the challenges of Tough Mudder events, highlighting the importance of fitness and mental clarity in achieving personal goals.
Takeaways:
1. Personal Finance is Important
2. Cut down on unnecessary subscriptions.
3. Understanding the value of time in relation to money.
4. Investing in a good gym can motivate fitness goals.
5. Cars are money pits; maintenance is crucial.
6. Investing in health and fitness is prioritized over unnecessary purchases.
7. Budgeting and financial awareness are crucial for managing expenses.
8. Credit cards can be beneficial if used responsibly and paid off monthly.
9. Different credit cards offer various rewards and benefits for travel.
10. Understanding the utility of cryptocurrencies like XRP is essential for future investments.
11. The financial landscape is shifting towards digital currencies and blockchain technology.
12. Many people are unaware of the potential benefits of credit cards when used wisely.
13. Education on personal finance and investments is key to financial success.
14. XRP was created before Ripple was established as a company.
15. Ripple has connections with major banks and financial institutions.
16. The SEC lawsuit against Ripple has significant implications for the crypto market.
17. JP Morgan's changing stance on crypto indicates a shift in institutional acceptance.
18. Investing in XRP could yield significant returns if it gains mass adoption.
19. Health hacks like peptides can improve physical performance and recovery.
20. Tough Mudder events challenge participants both physically and mentally.
Chapters:
00:00 Introduction
06:56 Creighton's Financial Journey and Lessons Learned
21:04 How To Learn About Finance
27:08 Cutting Costs: The Little Things Matter
37:55 Car's Are Expensive
01:02:08 Understanding Credit Cards
01:14:14 The Value of Credit Card Points
01:21:13 Maximizing Credit Card Benefits
01:27:14 The Crypto Credit Card
01:29:19 Why Crypto Is The Future
01:34:14 The Future of Cryptocurrency
01:41:56 Bitcoin vs. XRP: A Comparative Analysis
01:47:44 Understanding XRP and Ripple
01:52:41 The Future of Crypto and Banking
02:00:09 ISO 20022 and Ripple's Position
02:07:58 Investment Strategies in Crypto
02:20:48 Fitness & Health Hacks
02:25:40 The Debate on Weight Loss Solutions: Ozempic and Lifestyle Changes
02:35:36 Hybrid Athlete Training: Tough Mudder Experiences
02:44:02 Investing Insights: A Million Dollar Question
02:46:03 Final Thoughts
As always, thanks for listening and I appreciate your support.
Don't Give In.