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

On this episode of CFO at Home, Vince’s guest is Derrick Kinney, a successful entrepreneur who achieved millionaire status by age 37. Derrick shares his inspiring journey of going from a lower middle class background to financial success, emphasizing the importance of mindset and how it can shape one's financial destiny. Derrick and Vince discuss the significance of problem-solving in any career, the crucial steps to managing money effectively, and Derrick’s five-step framework, the Millionaire Money Map, designed to help individuals escape the middle class and achieve true financial freedom. For more of Derrick’s wisdom, check out DerrickKinney.com and his Good Money Podcast.

Key Topics:

• The journey from lower middle class to millionaire

• The entrepreneurial mindset and its importance in any career

• Understanding and managing money effectively

• The Millionaire Money Map: five steps to financial freedom

• The impact of mindset on financial success

• How to create a giving strategy that aligns with your goals

Key Links:

DerrickKinney.com

Good Money Revolution

Good Money Podcast

Derrick Kinney - LinkedIn

Derrick Kinney - Instagram

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 Jonathan Blau, Founder and Chief Executive Officer of Fusion Family Wealth, a Long Island-based, fee-only, registered investment advisory firm. Jonathan and Vince discuss the misconceptions surrounding risk and volatility, how our fears can lead us to make poor financial decisions, the importance of understanding purchasing power and the long-term nature of investing and dive into three common behavioral mistakes that investors often make. To l earn more about Jonathan, go to fusionfamilywealth.com, or check out his podcast, Crazy Wealthy Podcast.

Key Topics:

• Understanding risk and volatility in investing

• The impact of inflation on purchasing power

• Common behavioral mistakes investors make

• The importance of disciplined investing for long-term goals

• Overcoming psychological barriers to investing

Key Links

• Fusion Family Wealth

• Crazy Wealthy Podcast

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 two episodes of CFO at Home, Vince’s guest is Jonathan Blau, Founder and Chief Executive Officer of Fusion Family Wealth, a Long Island-based, fee-only, registered investment advisory firm. Jonathan is also an industry thought leader in behavioral finance – helping investors learn to make rational money decisions and identify biases that drive poor money decisions and then helping to modify their “money behavior".

In part 1 of their conversation, Vince and Jonathan dive into the psychology behind procrastination, particularly how it affects our ability to plan and make crucial financial choices. They also discuss what makes some of us overspenders, while others are frugal, and how the pain associated with making financial choices leads many to avoid planning altogether, often opting for immediate gratification instead. To learn more about Jonathan, go to fusionfamilywealth.com, or check out his podcast, Crazy Wealthy Podcast.

Key Topics:

• Understanding procrastination in financial planning

• The pain of making financial choices and its impact on behavior

• The physiological effects of spending and the pursuit of happiness

• How hyperbolic discounting affects long-term financial decisions

• The balance between overspending and being overly frugal

• The influence of upbringing on spending habits and financial fears

Key Links

• Fusion Family Wealth

• Crazy Wealthy Podcast

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 Nicole Smith, author of "Diagnosis Dementia: Your Guide to Elder Care Planning and Crisis Management." Nicole shares her personal journey into caregiving, sparked by her mother's Alzheimer's diagnosis, and discusses the emotional and financial challenges faced by caregivers, including the significant costs associated with care, the complexities of Medicare and Medicaid, and the importance of planning ahead. They also discuss the necessity of having candid conversations about mortality and financial preparedness with loved ones. To learn more about Nicole and her book, visit njsmithbooks.com

Key Topics:

• The emotional and financial impacts of caregiving

• Understanding Medicare and Medicaid limitations

• The importance of planning for long-term care

• Navigating Activities of Daily Living (ADLs) and instrumental activities of daily living (IADLs)

• Building a supportive team of professionals for elder care

• The necessity of discussing financial and medical powers of attorney

Key Links:

• njsmithbooks.com

• Area Agencies on Aging - Eldercare Locator

• Elder Law Attorneys - National Academy of Elder Law Attorneys

• Nicole Smith - Author - NJS Press | LinkedIn

• Nicole Smith (@dementiabookreview) • Instagram

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

Vince shares throughts on the volatility in the US stock market

On this episode of CFO at Home, Vince’s guest is Drew Boyer, a Certified Financial Planner and author of "Hip Hop X Finance: Become a Financial Gangster, Get off Debt Row and Stack your Cash Flow." Drew shares his journey of merging his passion for music and personal finance, illustrating how hip hop culture can serve as an engaging lens for financial education. He discusses the importance of understanding personal finance through relatable examples from hip hop moguls, including Hammer and Dr. Dre. Dre emphasizes the significance of patience in investing, the value of surrounding ourselves with the right advisors, and how to navigate the complexities of financial literacy in today's fast-paced world. To learn more about Drew and Hip Hop X Finance, visit hiphopxfinance.com

Key Topics:

• The intersection of hip hop culture and personal finance

• Lessons from hip hop moguls on success and failure

• The importance of patience and long-term investing

• Navigating financial literacy for younger generations

• How to choose the right financial advisors

• Understanding the impact of social media on financial advice

Key Links:

hiphopxfinance.com

@therealdrewboyer - Facebook

@drewboyer78 - Instagram

@hiphopxfinance - 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