Money Mistakes With Currencies or International Transfers: Kelly Cutchin

Money Mistakes With Currencies or International Transfers: Kelly Cutchin

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My guest for Episode #115 of the My Favorite Mistake podcast is Kelly Cutchin, the Country Manager at Moneycorp, a global currency exchange leader and she has helped many Americans make overseas investments. She has over a decade of experience in the foreign exchange industry. She joined Moneycorp in 2006 as the first American employee.

In today's episode, Kelly shares her “favorite mistake” story from working at a restaurant as a teenager, and how that story came up when her CEO asked people around the table about a mistake they made (his was an expensive mistake involving M&Ms production). Kelly learned that we all make mistakes and it's OK to not have the answer to every question. She's also learned about the mistakes people make related to international business or real estate transactions.

We talk about that and other topics including:

  • CEO asked “what’s your biggest mistake” around an event table
  • Mistakes people make investing overseas?
  • Corporate mistakes with transferring money overseas?
  • Mistakes people planning to retire overseas?
  • Bitcoin and cryptocurrencies?
  • Undoing people’s mistakes?

Find Kelly and Moneycorp on Social Media:

Scroll down to find:

  • Video of the episode
  • Quotes
  • How to subscribe
  • Full transcript

Video:


Quotes

"I learned you don't need to know everything. It's OK to not know the answer to every question..." Kelly Cutchin
"People don't do their research. It's people thinking that they're doing everything correctly because they're doing what their friend did..." Kelly Cutchin

Kelly Cutchin "You also need to shop around for the best interest rates. So that's the first big mistake that I see clients make."

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Automated Transcript (Likely Contains Mistakes)


Mark Graban is an internationally-recognized consultant, author, and professional speaker who has worked in healthcare, manufacturing, and startups. His latest book is Measures of Success: React Less, Lead Better, Improve More. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. He also published the anthology Practicing Lean that benefits the Louise H. Batz Patient Safety Foundation, where Mark is a board member. Mark is also a Senior Advisor to the technology company KaiNexus. He is also a Senior Advisor and Director of Strategic Marketing with the healthcare advisory firm, Value Capture.