Bitcoin, Boston, and Roblox: An Interview with Michael Halloran of MaxMyInterest

In this episode of Money Chronicles, Michael Halloran, Head of Partnerships at MaxMyInterest, shares his personal money story and reflects on his first memories of money with our hosts, Johnny Sandquist and Torie Happe.

Want to skip the words and watch? Scroll down for the full video.

He discusses the importance of saving and the impact of his father’s advice, plus Michael also talks about the changes in the financial industry over the years, from the use of paper checks to the rise of digital currency like bitcoin.

Key Takeaways from our interview with Michael Halloran of MaxMyInterest

💰 Something Michael’s parents taught him early: Saving 10% of your income can have a significant impact on your financial well-being.

🪙 The financial industry has undergone significant changes, as digital currency has become increasingly commonplace, even among financial advisors. Hello, Bitcoin 100k.

🧑🏽‍💻 Avoiding jargon when discussing financial topics makes it easier for people to understand and engage with the subject. And that is especially true when it comes to FinTech and how MaxMyInterest communicates with advisors.

Chapters

00:00 Michael’s Personal Money Story

05:27 The Rise of Digital Currency

09:10 Enjoying Explaining Financial Concepts

13:02 Kids’ Perspective on Money

21:22 The Importance of Financial Education

25:14 Wrap Up

Michael’s Sound Bites

• “My first memory of money was a quarter and a dollar.”
• “I had forgotten about my Bitcoin until I pulled over and checked my Coinbase account.”
• “I enjoy talking to people and explaining things to them.”

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