ABOUT THAT WALLET

Today’s guest is Steve Short — a retired corporate executive and co-author of The Simple Road Toward Financial Freedom, a personal finance guide with a foreword by Will Ferrell. Steve often appears alongside his co-author, financial advisor Mark Schlipman. Together, they’re known as the #GenZMoneyMentors, helping young adults take control of their money through real-life strategies. They’re here to simplify personal finance and help you build habits that lead to lasting financial freedom.In this episode, financial experts Mark and Steve discuss the simple 50-20-30 savings model, the importance of financial literacy, and practical strategies for building wealth and financial freedom. They share insights on teaching kids about money, planning for college, and the future of financial education.Key  Topics://The 50-20-30 savings model explained//The importance of financial literacy in youth//Strategies for saving for college and retirement//The impact of early financial education//The future of financial education in schoolsGet Steve and Mark's Book - The Simple Road Toward Financial Freedom: A Guide to Helping Young Adults Build Wealth: https://www.simpleroadbook.com https://amzn.to/4eW4Lrx =||Chapters||=00:00 Introduction to Financial Freedom03:01 Understanding the 50-20-30 Model05:58 The Importance of Saving First08:39 Navigating College Savings and Financial Priorities11:40 The Need for Financial Education14:31 Personal Experiences and Financial Planning17:25 The Role of Financial Advisors20:09 Building Financial Habits Early23:05 The Power of Positive Thinking26:12 The Simple Road to Financial Freedom28:57 The Future of Financial Education32:03 Final Thoughts and ResourcesCheck out About That Wallet: https://aboutthatwallet.com DisclaimerThe information in this podcast is for general informational and educational purposes only and does not constitute financial, legal, or tax advice. Please consult with a qualified professional for advice tailored to your individual circumstances.Episode 343

In this episode, Anthony Weaver sits down with Michael Cobb, a seasoned entrepreneur and investor, to explore the transformative power of stepping outside your comfort zone in the world of finance. Michael "Mike" shares his journey from traditional investments to alternative asset classes, emphasizing the importance of taking calculated risks and overcoming the fear of failure. He discusses how he built successful businesses in Central America, including a bank and a timber company, and the unique opportunities available for savvy investors looking to diversify their portfolios.Key insights include:// The significance of investing outside of traditional asset classes// Understanding the difference between risk and the perception of risk// The importance of preparation and research before making investment decisions// How to approach international investments with confidence and due diligence// The impact of service and community development on business success=|| Chapters ||=00:00 - Intro00:23 - About that Wallet podcast helps the Samwich generation build strong financial habits01:12 - So what is it is a cool financial tool that you found along your journey09:04 - People perceive investing overseas or outside their home country differently, Anthony says13:19 - A mortgage company was born in 1994 in Belize17:35 - Forestry management companies23:33 - Timber is a great way to build wealth28:34 - Sawmill in Panama 32:06 - Third segment37:46 - Final Four Questions39:36 - Last questionConnect with Michael Cobb:Website: https://ecidevelopment.com/Email: [email protected] Mike's free book: Send an email with "Mike's book" in the subject line!Note: This episode is packed with valuable insights for anyone looking to expand their financial horizons and invest with confidence. Don't miss out on the chance to learn from Mike's extensive experience!__________Follow Me:IG: aboutthatwalletTwitter: aboutthatwalletWebsite: aboutthatwallet.comOr Buy me a coffee: https://buymeacoffee.com/aboutthatwalletDISCLAIMER: The information in this podcast is for educational purposes only and does not constitute financial, legal, or tax advice. Please consult a qualified professional for advice tailored to your individual circumstances.Episode #342

A lot of people wish they could retire, but they just don't know where to put their money to start retirement. Today's guest is going to share his story about how to retire within 10 years after being fired at 63.  David Nassief is a #1 Amazon Hot New Release author and a veteran of the B2B sales and accounting world. After an 18-year corporate career ended abruptly at age 63, David faced the "Sandwich Generation" nightmare: nearly broke with a family legacy at stake. Refusing to stay down, he developed the One-Page Wealth Compass, a boring, unsexy, and safe system that took him to a seven-figure net worth in just six years. Today, he helps others find financial sovereignty through radical simplicity and disciplined automation. https://onepagewealthcompass.com/media-press/What would you do if you were fired at 63? More from David Nassief: https://www.youtube.com/@davidn1269 https://www.linkedin.com/company/111549991 https://www.onepagewealthcompass.comSupport the show (Every dollar helps keep the lights on and for me to continue to bring amazing guest on the show) Buy me a coffee: https://buymeacoffee.com/aboutthatwallethttps://aboutthatwallet.com DisclaimerThe information in this podcast is for general informational and educational purposes only and does not constitute financial, legal, or tax advice. Please consult with a qualified professional for advice tailored to your individual circumstances.Episode 341

In this episode, Anthony Weaver welcomes Victor Idoko, a seasoned financial planner and founder of CFV Advisor, to discuss essential strategies for building financial confidence and wealth. Victor emphasizes the importance of starting small, even with just $10, to cultivate good investing habits that can be passed down to future generations. He shares insights on the common challenges faced by the sandwich generation, especially when navigating financial stress during significant life events.Key insights include:// The significance of starting to invest early, regardless of how small the amount// Strategies for managing financial stress during life-changing events, such as having a baby or dealing with illness// The universal principles of money management across different countries// The crucial role of saving and investing as foundational steps to wealth building// Understanding the importance of estate planning and protection of your most valuable asset: your ability to earn=|| Chapters ||=00:00 - Introduction to Victor Idoko and his journey in finance02:15 - Starting small with investing: the $10 strategy05:00 - Managing financial stress during significant life events08:20 - Universal principles of money management12:45 - The importance of saving and investing for wealth building15:30 - Estate planning and protecting your earning potential19:00 - The impact of mindset on financial success22:15 - Victor’s journey through financial certifications and education25:00 - Embracing opportunities and challenges in a new country28:50 - The role of AI in enhancing financial services32:30 - Final thoughts on financial empowerment and resourcesConnect with Victor Idoko:Instagram: https://www.instagram.com/IamVictorIdokoLinkedIn: https://www.linkedin.com/in/victor-idoko/YouTube: https://www.youtube.com/@victoridokocfvNote: This episode highlights the importance of proactive financial planning and the mindset needed to navigate life's financial challenges. Tune in to gather practical tips that can help you build a secure financial future!Be a guest like Victor and join me on Podmatch: https://www.joinpodmatch.com/wallet __________Follow Me:IG: aboutthatwalletTwitter: aboutthatwalletWebsite: aboutthatwallet.comOr Buy me a coffee: https://buymeacoffee.com/aboutthatwallet--DISCLAIMER: The information in this podcast is for educational purposes only and does not constitute financial, legal, or tax advice. Please consult a qualified professional for advice tailored to your individual circumstances.Episode #340

In this episode, we dive deep into the world of budgeting with Andy Bennetts, a former educator turned financial empowerment coach and the founder of Empowered Wealth Solutions. Andy shares his insights on how to transition from a burdensome debt situation to financial freedom, emphasizing the importance of a forward-looking approach to budgeting, which he likens to driving with a clear windshield. He discusses the significance of naming your financial goals and the concept of a "financial birthday cake," which illustrates the layers of financial security needed for a stable future.Key takeaways include:// The difference between budgeting and a spending plan: shifting the mindset for success// The importance of forecasting your financial future rather than just analyzing past spending// Strategies for naming and taming your financial goals to create clarity// How to teach financial literacy to children through simple practices// The role of storytelling in making budgeting engaging and relatable=|| Chapters ||=00:00 - Introduction to Andy and his approach to budgeting02:15 - The concept of a spending plan vs. budgeting05:00 - The importance of forecasting in financial planning08:20 - Naming your financial goals for better clarity12:45 - The financial birthday cake analogy explained15:30 - Teaching financial literacy to children19:00 - The impact of storytelling in budgeting22:15 - Overcoming the fear of confronting financial realities25:00 - Final thoughts on achieving financial freedomConnect with Andy:Website: https://empowerwealth.solutionsEmail: empowerwealthsolutionsmail.comNote: This episode highlights the transformative power of a positive mindset in financial management and the importance of proactive planning. Tune in to find out how you can take control of your financial future!__________Follow Me:IG: https://instagram.com/aboutthatwalletTwitter: https://twitter.com/aboutthatwalletWebsite: https://aboutthatwallet.com--DISCLAIMER: The information in this podcast is for educational purposes only and does not constitute financial, legal, or tax advice. Please consult a qualified professional for advice tailored to your individual circumstances.Episode #339