June 7, 2023

128. Why Financial Wellness Matters

128. Why Financial Wellness Matters

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...

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.

Key Takeaways

  • The less financial margin (wiggle room) we have the more we need to understand our money mindset and closely manage your money. 

    • Product marketing is designed to prey on our insecurities and our need for self-esteem and contributes to us sometimes living above our means.

    • Understanding how our upbringing influences our current money mindset is fundamental to improving our realationship with money 

  • If you have financial margin, understanding the basics about how money works is important in order for you to successfully weather tough financial times. 

    • Understanding stock market basics (including how emotions impact markets) helps you to be a more steady investor during volatile times. 

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