211. 7 Basic Wealth Strategies Part 2 - Navigating Debt and Cash Flow

On this episode of CFO at Home, Vince continues his conversation with Victor Idoko, wealth strategist and author of '7 Basic Wealth Strategies'. Victor and Vince dive into how the 7 Basic Wealth Strategies are applicable specifically to those struggling to manage their finances. Victor shares his observations on the challenges faced by those living paycheck to paycheck, emphasizing the critical role of cash flow management and the dangers of bad debt. He outlines practical steps for tackling debt effectively and discusses the importance of creating a sustainable cash flow plan that allows individuals to enjoy life while working towards financial stability. For more about Victor and his resources, visit cfvservices.com.au/resources

Key Topics:

• Applying Wealth Strategies to All Financial Situations

• Understanding Bad Debt and Its Impact

• Strategies for Quick Debt Elimination

• Creating a Sustainable Cash Flow Plan

• Budgeting for Different Life Stages

• Success Stories: Transforming Financial Lives

Key Links:

• https://cfvservices.com.au/

• CFV Advisory - Wealth and Financial Planning - Facebook

• Victor Idoko - Financial Adviser (@iamvictoridoko) • Instagram photos and videos

• victoridoko (@victoridokowlthadv) | TikTok

• Victor Idoko, CFA - 7 Basic Wealth Strategies | LinkedIn

• Victor Idoko - Elevate Your Wealth & Fin. Adviser - YouTube

Contact the Host - [email protected]

Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here:

https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500