CFO at Home

When we think about what it takes to be a successful investor, many times what comes to mind are characteristics like being an excellent stock picker, knowing when to buy and sell stocks, and having some level of sophisticated knowledge of finance and markets. What we don’t always think about is one of the key elements that has been responsible for the success of so many everyday investors; consistency. One of the simplest ways to ...

Your average kid has no problem with asking their parents for money to buy things they want, but has limited interest in earning money. They would rather spend their time doing the things they enjoy; playing their favorite video games, drawing, doing whatever it is that they’re doing on their phones, the list goes on. But instead of advising your kid to go find a job in fast food, what if you could guide your child along the path o...

Certified Financial Planners, Chartered FInancial Analysts, Chartered Financial Consultants, Chartered Retirement Planning Counselors, Certified Divorce Financial Analysts. These are just a handful of the types of different certifications that Financial Advisors have in today’s market. There are also Financial Coaches, Financial Educators, Financial Therapists, and a host of others financial professionals with an array of titles, c...

According to NerdWallet, although there’s no official definition, most experts agree that a High Net Worth Individual is a person who has somewhere between $1-$5 million dollars in liquid assets. Given that attaining this status is a goal that so many of us aspire to achieve, on this episode of CFO at Home, Vince has a conversation with Ben Hockema, CFP and Founder of Illuminate Wealth Management, about how the habits, routines, an...

Aaron Shelley is the author of The Family Flywheel: The Secret Business Principles Successful Families Use to Create Sustained Wealth And Happiness. On this episode of CFO at Home, Aaron and Vince discuss the differences and similarities of managing money in a business and at home, the different roles family members play in managing finances, the value of social resources in managing your money, and more. You can find out more abou...

In nearly every discussion about achieving Financial Independence, one or both of two investments are usually talked about as being keys to a successful plan; investing in stocks and real estate. On this episode of CFO at Home Axel Meierhoefer, founder of Ideal Wealth Grower and Vince discuss using Real Estate as a key component to achieve what he calls the “Time Freedom Point” where we no longer need to exchange time for money, an...

At the end of the day, any effective budget is a communication tool. If you’re using it solo, it’s communicating to you where your money is going, and how well your spending aligns with the priorities that you’ve defined. If you’re budgeting with a partner, the budget is communicating this info to the both of you, helping to keep you both on the same page. However, this only works when both parties buy into using the budgeting tool...

So many of our life’s money goals revolve around the positive; financial freedom, owning your own home, driving a nice car, taking wonderful vacations. But as much enjoyment as we can derive from these types of things, there’s also the other side of the coin; making sure that our loved ones are taken care of financially in the event that the worst happens. This is the topic that Vince discusses on this episode of CFO at Home with t...

Through his business Portal CFO Consulting, Manny Skevofilax works with business owners as an Outsourced Chief Financial Officer to help them gain a better understanding of their business’s financial health. Through this website MannySkevofilax.com, he offers products that help individuals to create personal household budgets using the same system that he used to pay off $65,000 in credit card debt and student loans. On this episod...

Think about it for a minute. It seems like just yesterday we were all social distancing and wondering if travel would ever be as accessible as what we’d all grown accustomed to. Today, travel is back with a vengeance as we hit the road and air in record numbers. On this episode of CFO at Home, Vince and author, travel writer, blogger, and Founder of The Smart Travelista, Linda King discuss traveling on a budget, with a special focu...

Vince Shorb is one of the country’s leading advocates for promoting financial wellness, and a thought leader in teaching and scaling financial education programming. On this episode of CFO at Home, the VInces discuss the philological side of financial literacy and wellness, managing your finances during challenging economic times, the danger of living above our means, how childhood experiences shape our money habits, and more.

Teaching kids to earn, save and give are all important, fundamental money lessons. But so is learning to spend wisely, and one the best teachers of that lesson can be to let kids experience first hand, in a kid-friendly environment of course, the sting of impulse spending and buyers remorse, as well as the fulfillment of saving up and buying something of value that brings longer lasting enjoyment and pleasure. On this episode of CF...

Even the most caring parents make mistakes with their kids. We do our best but when we don’t know much about a subject ourselves, it can be hard to give the best advice. Or maybe the game is just different for our kids than it was for us for any number of reasons. On this episode of CFO at Home, Vince and his guest Natasha Sattler, Author of Shit Adults Never Taught Us, discuss some of the money topics that she and other millennial...

So last week I attended my youngest son’s college graduation ceremony, an experience that needless to say brings up a lot of emotions; pride, joy, and little sadness about the passage of time. He graduated on a Friday and started his first “Adulting” job the following Monday working a research job back at his University while he plots out his post-graduate plans. As a certified money nerd it’s more or less impossible for me to refl...

Regardless of your age, there comes a point in nearly every career where it’s time to change employers or even your occupation. Particularly for those who have been fortunate enough to attain some level of financial independence, this could mean it’s time to launch an Encore Career based on what you find to be most fulfilling, instead of what pays the most. Vince discusses Encore Careers on this episode of CFO at Home with Entrepre...

Even while he worked as a professional in the Financial Services industry, Andy Hoffman struggled to make conventional budgeting work at home. This struggle led him to create a system that is centered around automation, not budgeting, to manage his personal finances, and from there develop a course that teaches others to do the same. On this episode of CFO at Home, Andy and Vince discuss some of the principles of his course, and im...

The majority of today’s conventional personal finance advice is primarily designed to speak to a certain audience; salaried or hourly workers with fairly predictable and consistent incomes, with employers who provide benefits including paid time off and retirement plans. But what about America’s 5.5 million service professionals who live on a tipped based income? How can they manage their finances in a way that supports the quality...

For so many of us, Financial Independence, reaching a point where money no longer dictates to us how we live our lives, is our ultimate financial goal. In this episode of CFO at Home, Vince discusses factors that we need to consider while pursuing Financial Independence, and some key traits of the Financially Independent, with Financial Advisor Justin Smith.

Key Topics 

In her book Out of the FOG Into the CLEAR, Journaling to Help You Heal from Toxic Relationships, Shannon Petrovich helps victims of narcissistic, abusive, or other toxic relationships find their bearings, push past paralysis, clear away their vision, and rebuild their lives. On this episode of CFO at Home, Shannon and Vince specifically discuss the impact that toxic relationships with parents, children, partners, friends and our ow...