The value of climbing Everest with Alan Mallory

Published: July 31, 2020, 10 a.m.

Guest host Jon Vasallo, Sales Director at Ratehub.ca and general manager of MoneySense magazine interviews Alan Mallory.\xa0

Alan is a performance coach, international speaker, including TedX, and published author of the book, \u201cThe family that conquered Everest\u201d.\xa0 In 2008, Alan, with his brother, sister, and father went on an expedition to the top of the world\u2019s highest peak. They became the first family of four to set foot on the summit. A 2 month emotion-filled terrifying experience across ladders spanning bottomless crevasses, near death experiences, unparalleled physical and mental challenges.\xa0

[0:00 - 1:25] Intro

[1:26 - 4:30] Money mistakes

[4:31 - 6:09] How did your dad convince you to climb Everest?

[6:10 -\xa0 7:39] How do you go about accomplishing goals?

[7:40 -\xa0 10:07] How did you turn the decision to climb Everest into preparation and planning?\xa0

[10:08 - 12:59] Climbing Everest cost you $160,000 - how did you finance the trip?

[13:00 - 14:45] Is there any special insurance that would cover someone climbing Everest?

[14:46 - 16:54] Once you got to the top, can you describe the feeling at the top of Everest?

[16:55 - 18:48] Everyone has their own Everest to overcome. What parallels would you draw between Everest and personal finance (e.g. retirement)

[18:49 - 21:34] What are some of the key lessons during and post climb? Was it worth the investment?

[21:35 -\xa0 26:14] How do you overcome the challenges of starting? How do you set a goal to accomplish the challenges you face?

[26:15 - 27:37] There\u2019s an emotional return on your investment. Did you ever think about how you could make money from the climb?\xa0

[27:38 - 31:29] You\u2019ve turned climbing Everest into a career. Can you talk about that transition? What was the decision to monetize the experience? Take us to where you are now.\xa0

[31:30 - 33:25] Any takeaways for our listeners to leverage learnings to carry with them as it relates to personal finance.\xa0

[33:26 - 40:19]\xa0 Rapid Fire questions - What\u2019s in your wallet? What book do you think everyone should read? Where do you spend most of your money each week? If you had one tweet, what would it say? What is one of the best or most worthwhile investments you\u2019ve ever made? (Could be an investment of money, time, energy, etc.) What\u2019s your number - to live independently wealthy and life on your own terms? How can people get in touch with you? What\u2019s the title of the book?

[40:20 - 45:12] The Knowledge bank - What is a balance transfer and what are the advantages?\xa0

https://www.ratehub.ca/blog/best-balance-transfer-credit-cards-in-canada-2/

[45:13 - 46:04] Outro

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