mobile app bar

“My Father Went Bankrupt”: Carmen Mundt Shares Her Financial Journey to Empower Other Women

Anirban Aly Mandal
Published

Race 63 George Russell (GBR) and his girlfriend Carmen Montero Mundt (SPA) MERCEDES-AMG PETRONAS F1 TEAM seen in the paddock of the F1 ARAMCO GRAND PRIX OF SPAIN 2024

George Russell’s girlfriend, Carmen Mundt is a financial analyst by profession. And while she has shared the glitz and glamour of the F1 paddock with her boyfriend, in reality, her journey has never been the easiest. Her latest venture is an ode to the difficulties she and her family faced in her formative years and now also explains why she chose to work in the financial industry.

Mundt has collaborated with Female Invest to launch a short-form e-book about financial planning — focused on working women. She explained in an Instagram post that it was the money problems that she faced as a young adult that built her up to be the woman that she is today but also inspired her to spread her learnings to the entire world.

“I learned the importance of financial education early on, when my family went bankrupt. It impacted every aspect of our lives, but it also taught me a crucial lesson: Knowledge is power,” she explained in a post made by @femaleinvest on the social networking website.

 

View this post on Instagram

 

A post shared by FEMALE INVEST (@femaleinvest)

While discussing the book, she revealed her motivations behind the project. The aim is simple — teaching crucial tips about money management and investment to allow women to take up the mantle of their own lives and fiscal independence.

One big step that she took was to fund her University and higher studies. Earlier this year, Mundt had come onto her social media account to relay to the fans that she had successfully paid off her student debt which could have amounted to a staggering $19,000.

Chasing financial freedom Carmen Mundt found George Russell

Mundt, who was born in Spain, decided to relocate herself to the United Kingdom in search of financial freedom. She decided to take up studies in the financial sector and landed in London.

Dedicated to her craft, she was actually introduced to Russell by a mutual friend in London. Sparks flew and the rest as they say is history. They have been in a relationship since 2021 and Mundt has quickly become a fan-favorite in the paddock.

While she would not consider herself an ‘influencer’, Mundt’s social media following has also skyrocketed since her relationship started with the Mercedes driver. However, as evidenced by her latest e-book, she is using her platform to spread awareness about causes that are close to her heart.

Post Edited By:Aishwary Gaonkar

About the author

Anirban Aly Mandal

Anirban Aly Mandal

linkedin-icon

Anirban Aly Mandal is an F1 writer at The SportsRush, with over 1000 articles under his belt, Anirban's love for F1 started when he discovered a copy of F1 2014 on his computer. With over half a decade's worth of time spent religiously following the sport, he’s dived deep into the world of motorsports. However, Anirban's expertise goes beyond just writing - he has also written several academic papers focused on the domain of motorsports and the law. His passion for the sport is so immense that he aspires to work as a legal advisor in the most prestigious racing series in the world someday. When it comes to Formula 1, Anirban finds great pleasure in re-watching classic races and idolizes the likes of Ayrton Senna, Nigel Mansell, and Sebastian Vettel. His top picks include Brazil '91, Silverstone '92, and Germany '19. Outside of the sport, Anirban is an avid sim racer, often found racing on titles like Assetto Corsa, F1 22, and Automobilista. Apart from his interests in gaming, Anirban has a keen interest in philosophy, literature and music.

Share this article