CFO at Home

On this episode of CFO at Home, Vince's guest is Pravat Lall, the founder of SmartHeritance, a platform dedicated to preserving digital legacies. Pravat and Vince discuss the concept of digital legacy, the importance of keeping estate planning documents updated, and the need to integrate digital assets into estate planning. Pravat also highlights the challenges of managing digital footprints, cybersecurity measures needed to protect sensitive information, and the emotional significance of digital legacies, including social media. For more information about Pravat and SmartHeritance, visit SmartHeritance.com. Understanding Digital Legacy Challenges in Traditional Estate Planning The Importance of Keeping Estate Plans Updated Unclaimed Assets and Digital Footprints The Role of Digital Assets in Modern Estate Planning Security Concerns in Digital Legacy Emotional and Practical Aspects of Digital Legacy Advice for First Generation Wealth Builders Key Links SmartHeritance.com SmartHeritance - Linkedin SmartHeritance - Facebook Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

This episode of CFO at Home is Part 2 of Vince's conversation with Aaron Miller, an elder law attorney who this time around shares his perspective on long-term care insurance. Aaron discusses the critical importance of planning for potential healthcare costs, particularly as they relate to aging and unexpected illnesses. He recounts personal experiences that highlight the financial strain families face when care is needed, emphasizing how long-term care insurance can serve as a vital tool for asset protection. Aaron also explores the evolving landscape of long-term care products, including hybrid policies that offer benefits even if care is never needed.. For more information about Aaron and his services, visit aaronmillerlaw.com Key Topics: The Importance of Long-Term Care Insurance in Asset Protection Personal Stories Highlighting the Financial Impact of Care Costs Understanding the Evolving Landscape of Long-Term Care Products Strategies for Effective Planning: Timing and Health Considerations How to Approach Financial Advisors About Long-Term Care Insurance Key Links Miller Law Office, PLLC https://www.facebook.com/MillerLawOfficePLLC/ Aaron Miller - Miller Law Office, PLLC | LinkedIn Miller Law Office, PLLC - YouTube Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

On this episode of CFO at Home, Vince·s guest is Aaron Miller, an elder law attorney whose personal experiences have shaped his passion for helping families navigate the complexities of estate planning and elder care. Aaron shares his personal story, then they get into the importance of understanding the financial implications of aging, including misconceptions surrounding Medicare and Medicaid, and the necessity of proactive planning. Aaron discusses various options for funding care, including private pay, long-term care insurance, and government benefits, while also shedding light on common myths on the subjects. For more information about Aaron, visit aaronmillerlaw.com Key Topics: Aaron's Transition to Elder Law: Personal Motivations Understanding Medicare vs. Medicaid: What You Need to Know The Importance of Planning for Long-Term Care Common Misconceptions About Government Benefits Strategies for Funding Care: Private Pay, Insurance, and More Navigating the Medicaid Look-Back Period: What to Avoid Key Links Miller Law Office, PLLC https://www.facebook.com/MillerLawOfficePLLC/ Aaron Miller - Miller Law Office, PLLC | LinkedIn Miller Law Office, PLLC - YouTube Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

This episode of CFO at Home is part 2 of Vince·s conversation with Frank Buchholz, a seasoned financial expert and author of The Investor·s Golden Playbook: 12 Rules for Achieving Real Wealth. This time around Frank and Vince dive into the foundational principles of building first-generation wealth, focusing on key concepts from Frank's book, the importance of developing a prosperity mindset, discussing how mindset shapes financial success and the actionable steps to cultivate it. Frank shares insights from his experiences with clients, emphasizing the significance of paying yourself first through retirement accounts and the necessity of keeping your money protected from scams. For more information about Frank and his book, visit investorsgoldenplaybook.com. Key Topics: The Importance of a Prosperity Mindset in Wealth Building Paying Yourself First: Maximizing Retirement Contributions Protecting Your Wealth: Understanding Financial Scams Lessons from Frank’s Most Memorable Clients Automating Savings: The Modern Approach to Wealth Accumulation Key Links: Investors Golden Playbook Contact - Investors Golden Playbook Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

On this episode of CFO at Home, Vince's guest is Frank Buchholz, a seasoned financial expert with over 40 years of experience, and the author of The Investor’s Golden Playbook, 12 Rules for Achieving Real Wealth. Frank shares his personal financial journey, building an impressive retirement savings of over $8 million, beginning with modest contributions to his 401(k) in the early 1980s. He discusses the importance of maxing out contributions, the critical decisions he made during market downturns, and the lessons learned from navigating the Great Recession. Frank also emphasizes the significance of understanding investment strategies and the need for guidance in today’s investment landscape. For more about Frank and The Investor’s Golden Playbook, visit investorsgoldenplaybook.com Key Topics: Frank's Journey: From $2,000 Contributions to $8 Million in Savings The Importance of Maxing Out Your 401(k) Navigating Market Downturns: Lessons from the Great Recession The Shift from Pensions to 401(k)s: A New Era of Retirement Planning Building a Legacy: Passing Wealth and Knowledge to the Next Generation Understanding the Need for Investment Guidance Key Links: Investors Golden Playbook Contact - Investors Golden Playbook Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

On this episode of CFO at Home, Vince continues his conversation with Victor Idoko, wealth strategist and author of '7 Basic Wealth Strategies'. Victor and Vince dive into how the 7 Basic Wealth Strategies are applicable specifically to those struggling to manage their finances. Victor shares his observations on the challenges faced by those living paycheck to paycheck, emphasizing the critical role of cash flow management and the dangers of bad debt. He outlines practical steps for tackling debt effectively and discusses the importance of creating a sustainable cash flow plan that allows individuals to enjoy life while working towards financial stability. For more about Victor and his resources, visit cfvservices.com.au/resources Key Topics: Applying Wealth Strategies to All Financial Situations Understanding Bad Debt and Its Impact Strategies for Quick Debt Elimination Creating a Sustainable Cash Flow Plan Budgeting for Different Life Stages Success Stories: Transforming Financial Lives Key Links: https://cfvservices.com.au/ CFV Advisory - Wealth and Financial Planning - Facebook Victor Idoko - Financial Adviser (@iamvictoridoko) • Instagram photos and videos victoridoko (@victoridokowlthadv) | TikTok Victor Idoko, CFA - 7 Basic Wealth Strategies | LinkedIn Victor Idoko - Elevate Your Wealth & Fin. Adviser - YouTube Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

In this episode of CFO at Home, Vince’s guest is Victor Idoko, wealth strategist and author of 7 Basic Wealth Strategies. Vince and Victor discuss the importance of a holistic approach to wealth management, and walk through the seven strategies outlined in his book, which serve as a roadmap for anyone looking to enhance their financial well-being, regardless of their current financial status. We also discuss common biases that affect financial decision- making, the significance of tailored cash flow management, and the critical need for a mindset shift when it comes to budgeting. To learn more about Victor and the 7 Basic Wealth Strategies, go to cfvservices.com.au/resources Key Topics: Victor's Journey in Personal Finance The Motivation Behind 'Seven Basic Wealth Strategies' Overview of the Seven Basic Wealth Strategies Understanding and Overcoming Financial Biases The Importance of Tailored Cash Flow Management Shifting Mindsets Around Budgeting and Spending Key Links https://cfvservices.com.au/ CFV Advisory - Wealth and Financial Planning - Facebook Victor Idoko - Financial Adviser (@iamvictoridoko) • Instagram photos and videos victoridoko (@victoridokowlthadv) | TikTok Victor Idoko, CFA - 7 Basic Wealth Strategies | LinkedIn Victor Idoko - Elevate Your Wealth & Fin. Adviser - YouTube Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

On this episode of CFO at Home, Vince·s guest is Paris Cluff, a Certified Financial Educator and Coach. Paris shares his journey from a corporate career, to becoming a financial advisor and educator, all while navigating his own personal financial setbacks during the 2008 economic downturn. He candidly discusses the challenges he encountered, and how those experiences reshaped his approach to personal finance. Paris emphasizes the importance of managing, protecting, and growing wealth, and shares valuable lessons learned, including the necessity of having an emergency fund and tracking expenses effectively. Check out the conversation and discover how Paris transformed his financial philosophy, and how you can apply his lessons learned to your own financial journey. For more insights and resources, visit pariscluff.com. Key Topics: Paris's Journey from Corporate Employee to Financial Educator Facing Financial Hardship: Lessons Learned The Importance of Emergency Funds Managing, Protecting, and Growing Wealth Tracking Expenses: The Key to Financial Awareness The Transition from Budgeting to Cash Flow Statements Key Links ParisCluff.com Paris Cluff (@pariscluff) • Instagram photos and videos https://www.facebook.com/pariscluff Paris Cluff - Owner - Financial Self-Reliance | LinkedIn Paris Cluff (@pariscluff) | TikTok Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

This episode is Part 2 of Vince’s discussion with Paul Craan, author of 'How to Be Financially Free'. This time around Paul shares his personal journey from being a person who spent all of his extra income, to discovering a unique savings strategy that allowed him to build wealth steadily over time. He walks listeners through his Five-Step Savings Plan, emphasizing the importance of discipline in managing money and how this unconventional approach can help break the paycheck-to-paycheck cycle. For more insights and resources, visit paulcraan.com. Key Topics: Introduction to the Five Step Savings Plan The Importance of Discipline in Saving How Loans Against CDs Can Work for You Building Wealth Over Time: A Personal Journey Transforming Your Financial Mindset Practical Tips for Managing Everyday Expenses Key Links: Paulcraan.com How to Be Financially Free Paul Craan (@paulcraanofficial) • Instagram Paul Craan | Facebook Paulcraanofficial |TikTok Paul Craan official - YouTube Paul Craan | LinkedIn Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatchhere: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

On this episode of CFO at Home, Vince’s guest is Paul Craan, author of 'How to Be Financially Free.’ Paul and Vince explore the concepts of financial freedom and independence, Paul’s thoughts on how to transition from relying solely on active income to building passive income streams that can cover expenses, and the importance of gratitude and happiness in the financial journey. Paul also shares his thoughts on common financial practices like budgeting and credit card usage, with Paul offering his unique perspective on why traditional budgeting may not be the best approach. For more on Paul and his work, visit paulcraan.com Key Topics: The Difference Between Financial Freedom and Financial Independence The Importance of a Positive Money Mindset Building Passive Income Streams The Role of Gratitude in Financial Happiness Rethinking Budgeting: A New Approach to Managing Finances Smart Credit Card Usage and Its Impact on Financial Health Key Links: Paulcraan.com How to Be Financially Free Paul Craan (@paulcraanofficial) • Instagram Paul Craan | Facebook Paulcraanofficial |TikTok Paul Craan official - YouTube Paul Craan | LinkedIn Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

This episode of CFO at Home is Part 2 of Vince’s conversation with Christopher Wilson, author of 'How to Make Your Nest Egg Last a Lifetime. This time around Chris and Vince discuss building a financial legacy. Chris shares insights from his book, particularly his innovative North Star Nest Egg Legacy Model, designed to help individuals avoid some of the common pitfalls of retirement planning, and the importance of preserving purchasing power in order to thrive, not just survive, in retirement. To learn more about Christopher and his work, visit christopherawilson.com Key Topics: The Importance of Building a Financial Legacy Understanding the Risks of Annuities The North Star Nest Egg Legacy Model Investment Strategies for Retirement Preserving Purchasing Power in Retirement Thriving in Your Golden Years Key Links: Christopherawilson.com Talk with Chris about starting an Investment Club! How to Make Your Nest Egg Last a Lifetime Chris Wilson | LinkedIn Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

On this episode of CFO at Home, Vince’s guest is Christopher Wilson, author of 'How to Make Your Nest Egg Last A Lifetime.' Chris and Vince discuss the resurgence of investment clubs, especially for young people looking to build wealth. Chris outlines the basic structure and benefits of investment clubs, emphasizing their educational value. He also covers the evolution of investing from traditional clubs in the 80s and 90s to today's virtual platforms. Chris explains the importance of having a well-defined operating agreement for successful club functioning and highlights the benefits of combining personal brokerage accounts with club investments to enhance financial literacy and investment strategy. To learn more about Christopher and How to Make Your Nest Egg Last a Lifetime, go to christopherawilson.com Key Topics: The Concept of Investment Clubs How Investment Clubs Operate Benefits of Joining an Investment Club Mechanics of Investment Clubs Investment Strategies and Education Long-term Investing and Market Understanding Getting Started with Investment Clubs Key Links Christopherawilson.com Talk with Chris about starting an Investment Club! How to Make Your Nest Egg Last a Lifetime Chris Wilson | LinkedIn Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

On this episode of CFO at Home, Vince continues his conversation with Amy Adler, President of Five Strengths Career Transition Experts, this time focusing on job interviews. Amy and Vince explore the critical steps in preparing for interviews in today’s competitive job market, and the importance of showcasing your experience and aligning personal goals with the organization's mission. Amy shares valuable insights on handling panel interviews, the significance of crafting a compelling elevator pitch, and the art of responding to unexpected questions with poise. To learn more about Amy, go to Fivestrengths.com Key Topics: Strategies for preparing for panel interviews The importance of a concise and engaging self-introduction Techniques for handling curveball questions during interviews The value of following up with interviewers post-conversation How to leverage ChatGPT for interview preparation Understanding the subtext of interview questions Key Links: Five Strengths Career Transition Experts Amy L. Adler | LinkedIn The Job Search Podcast How I Hire Podcast Courageous Career Change: Fearlessly Earn the Executive Role You Deserve Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

This episode of CFO at Home is part 1 of Vince’s conversation with Amy Adler, President of Five Strengths Career Transition Experts, a firm specializing in resume writing for executives and their teams. In this part of their conversation, Amy and Vince discuss the transformative impact of technology, particularly AI and ChatGPT, on the job search process. They delve into how candidates can leverage these tools to enhance their resumes and cover letters while avoiding the pitfalls of over-reliance, and discuss best practices for updating outdated resumes, the significance of LinkedIn profiles, and the necessity of aligning one's online presence with their professional brand. To learn more about Amy, go to Fivestrengths.com Key Topics: The role of AI and ChatGPT in modern job applications The importance of personalization in resumes and cover letters Best practices for updating outdated resumes Strategies for effective job searching in a competitive market Aligning your LinkedIn profile with your professional goals The impact of social media presence on job searching Key Links: Fivestrengths.com https://www.facebook.com/amyladler Amy L. Adler | LinkedIn Amy Adler's “How I Hire” Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

In this episode of CFO at Home, Vince delves into the fascinating world of behavioral finance, particularly focusing on the concept of The 7 Money Personalities as introduced by Ken Honda in his book "Happy Money." Vince explains how understanding our own and our partner's money personalities can significantly improve financial decision-making and communication within relationships. He breaks down the seven distinct personalities: the Money Maker, the Worrier, the Compulsive Spender, the Compulsive Saver, the Indifferent to Money, the Generous Giver, and the Financial Avoider. Listeners will learn how these personalities can complement each other and foster unity, trust, and transparency in financial discussions. Additionally, Vince highlights the different emotional needs men and women have regarding money, emphasizing the importance of mutual understanding and open communication for couples to thrive financially together. Key Topics: Exploring The 7 Money Personalities and their impact on financial behavior How understanding money personalities promotes unity and peace in relationships The importance of trust and transparency in financial discussions Balancing different financial tendencies for a harmonious partnership Recognizing and respecting emotional needs related to money in men and women Strategies for effective communication and goal-setting in financial planning Key Links: Happy Money: The Japanese Art of Making Peace with Your Money Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

On this episode of CFO at Home, Vince continues his discussion with Mel Stubbs, author of "Your FERS Federal Retirement: The 10 Decisions that Will Make or Break Your Retirement." Their focus shifts to the critical Social Security decision, exploring how to maximize benefits while considering the implications for beneficiaries. Mel breaks down the complexities of when to take Social Security, the impact of life expectancy, and the importance of strategic planning. They also discuss long-term care decisions, evaluating self-insurance versus insurance policies, and the significance of working with an advisor to navigate these crucial choices. For more insights, visit christycapital.com. Key Topics: Understanding the optimal age to start taking Social Security benefits Evaluating the trade-offs of postponing benefits for higher payouts The implications of Social Security on beneficiaries Exploring long-term care options: self-insurance vs. insurance policies The importance of working with a financial advisor for retirement planning Strategies for transitioning to retirement and finding purpose Key Links: Christy Capital Your FERS Federal Retirement: The 10 Decisions that Will Make or Break Your Retirement Christy Capital Management - YouTube Mel Stubbs - LinkedIn Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

On the next 2 episodes of CFO at Home, Vince’s guest is Mel Stubbs, author of "Your FERS Federal Retirement: The 10 Decisions that Will Make or Break Your Retirement," to discuss key decisions that can shape our retirements. In this episode, Mel and Vince focus on 4 of the 8 decisions that many of us will face, regardless of whether we’re federal employees or not; when to retire, what to do with company offered life insurance, what to do with our retirement accounts, and the tax planning decision. To learn more about Mel and his book, go to christycapital.com Key Topics: Determining the right time to retire based on financial readiness Evaluating company-offered life insurance options Understanding the benefits and rules surrounding 401(k) and TSP accounts Tax planning strategies for retirement savings The role of Social Security and pensions in retirement planning How to effectively manage retirement income to avoid tax pitfalls Key Links: Christy Capital Your FERS Federal Retirement: The 10 Decisions that Will Make or Break Your Retirement Christy Capital Management - YouTube Mel Stubbs - LinkedIn Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

This episode of CFO at Home is Part 2 of Vince’s conversation with Certified Financial Planner Filip Telibassa. This time, Filip and Vince tackle the topic of investment fees; the significant impact that fees can have on long-term investment returns, and the importance of understanding the different fee structures associated with financial advice. They also discuss the trend of lower-cost investment options like ETFs and index funds. For more from Filip, visit his website BenzinaWealth.com Key Topics: Understanding the impact of investment fees on long-term returns The difference between fee-only and fee-based financial advisors The advantages of a flat fee structure over asset under management fees The importance of unbiased fund selection for clients Trends in investment options: ETFs and index funds How to evaluate financial advisors and their fee structures Key Links: Benzina Wealth https://www.linkedin.com/in/filiptelibasa/ Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

On this episode of CFO at Home, Vince sits down with Pav Lertjitbanjong, a career and financial resilience expert, and self-made millionaire, to discuss the critical topic of preparing for layoffs and career setbacks. Pav shares her personal journey of overcoming significant financial challenges, including a life-changing divorce that led her to discover the importance of financial literacy and resilience. They discuss practical strategies for financial preparedness, including the creation of an "FU Fund" to cushion against unexpected job loss, the importance of diversifying income streams, and the power of building a personal brand. To learn more about Pav and get more of her tips on navigating layoffs and career changes, check out mycoachpav.com Key Topics: The importance of financial preparedness for unexpected layoffs Creating an "FU Fund" for financial security Diversifying income streams to enhance financial stability Building a personal brand to increase job marketability Recognizing warning signs of potential layoffs The role of mindfulness and resilience in overcoming setbacks Key Links https://www.mycoachpav.com/ https://www.mycoachpav.com/pav-ai Moments of Reset (@momentsofreset) | TikTok https://www.linkedin.com/in/mycoachpav/ Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500

This episode of CFO at Home is Part 1 of Vince’s conversation with Certified Financial Planner Filip Telibassa. In this part of our conversation Filip and Vince explore the concept of reverse budgeting. Filip explains how reverse budgeting flips traditional budgeting on its head by prioritizing savings and financial goals before addressing fixed expenses. He also shares insights on how this method can alleviate the feelings of deprivation often associated with budgeting, making it easier for clients to plan for their goals. Filip and Vince also discuss the importance of aligning financial goals with core values, and the dynamic nature of reverse budgeting, including how to assess its effectiveness over time. To learn more about Filip, visit his website BenzinaWealth.com Key Topics: Understanding reverse budgeting and its benefits The emotional impact of traditional budgeting vs. reverse budgeting How to set financial goals based on core values Managing cash flow and assessing the success of reverse budgeting The role of budgeting apps in financial tracking Using reverse budgeting for debt elimination strategies Key Links: Benzina Wealth Reverse Budgeting: A strategy to spend more, without guilt https://www.linkedin.com/in/filiptelibasa/ Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500