On this episode of CFO at Home, Vince·s guest is Scott MacKenzie, author of The Lobster League, A Fable About Personal Finance. Scott and Vince dive into the concept of the book, which is designed as a fable to teach personal financial lessons through relatable stories, inspired by Scott·s extensive experience in the area of behavioral finance. They discuss how the human tendencies of herding and overconfidence can impact our investing. Scott also emphasizes the importance of having a clear set of personal priorities and goals, specifically by creating a bucket list to guide financial decisions. Like the book, our conversation offers valuable insights into personal finance for both money enthusiasts and those not as financially inclined. To learn more about Scott and The Lobster League, go the thelobsterleague.com

Key Topics:

01:10 The Story Behind 'The Lobster League'

04:00 Crafting a Financial Fable

05:54 Behavioral Finance Insights

08:56 Herding and Market Trends

21:22 Overconfidence and Fear in Investing

27:48 Creating a Personal Financial Vision

33:23 Conclusion and Final Thoughts

Key Links

• thelobsterleague.com

• Scott MacKenzie, MBA, CFP®, CIMA® | 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 financial experts Steve Short and Mark Schlipman, authors of ·The Simple Road Toward Financial Freedom·, a #1 Amazon bestseller with a foreword by Will Ferrell. This time around Steve, Mark and Vince tackle pressing financial topics relevant to Gen Z. They dive into the subject of budgeting, including the concept of "bucketing" instead of traditional budgeting, debt management, where Steve and Mark share strategies for addressing student loans and consumer debt effectively, and finally investing, discussing the allure of quick gains versus the value of long-term strategies traditionally used to build a solid financial foundation. You can learn more about ·The Simple Road Toward Financial Freedom· by going to simpleroadbook.com

Key Topics:

01:01 How does the concept of budgeting play with Gen Z?

05:08 Bucketing; an old method that has become new again

10:31 The common standard financial advice is debt is bad, credit cards are bad

14:59 Student loans for Gen Z

17:20 Millennials/GenZ and investing

21:06 "Simple Road Towards Financial Freedom" book

Key Links:

• The Simple Road Toward Financial Freedom

• The Simple Road Toward Financial Freedom | Facebook

• The Simple Road Toward Financial Freedom (@simpleroadbook) • Instagram photos and videos

• The Simple Road Toward Financial Freedom - YouTube

• The Simple Road Toward Financial Freedom | #GenZMoneyMentors | LinkedIn

• https://www.tiktok.com/@simple_road_book

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 guests are Steve Short and Mark Schlipman, authors of ·The Simple Road Toward Financial Freedom·, a #1 Amazon bestseller with a foreword by Will Ferrell. Steve and Mark recount how their own experiences as fathers prompted them to address the financial knowledge gap facing young adults today. They explore the importance of teaching personal finance to the younger generation and the challenges of delivering this message in a relatable way. We also discuss practical strategies, such as the 50-20-30 budgeting method, and the importance of visualizing financial goals. You can learn more about ·The Simple Road Toward Financial Freedom· by going to simpleroadbook.com

Key Topics:

01:03 The Story Behind the Book

03:03 Meeting and Collaboration

05:29 Financial Lessons for Gen Z

09:11 Challenges and Solutions in Financial Education

20:40 Parental Guidance and Financial Literacy

Key Links:

• The Simple Road Toward Financial Freedom

• The Simple Road Toward Financial Freedom | Facebook

• The Simple Road Toward Financial Freedom (@simpleroadbook) • Instagram photos and videos

• The Simple Road Toward Financial Freedom - YouTube

• The Simple Road Toward Financial Freedom | #GenZMoneyMentors | LinkedIn

• https://www.tiktok.com/@simple_road_book

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