July 3, 2024

166. Dad Wisdom: Financial Tips for Young Adults

166. Dad Wisdom: Financial Tips for Young Adults

In his book Not Another Lecture - 20 FinBit$ of Unsolicited Dad Wisdom about Money, Johnny Bohan uses his background as a Certified Financial Planner, college finance professor, and most importantly, a Dad, to share in a humorous way simple,...

In his book Not Another Lecture - 20 FinBit$ of Unsolicited Dad Wisdom about Money, Johnny Bohan uses his background as a Certified Financial Planner, college finance professor, and most importantly, a Dad, to share in a humorous way simple, straightforward, tips on how to how to manage money with his readers. Today on CFO a Home, you’ll get a double shot of dad wisdom from Johnny and Vince as they discuss the importance of getting a clear picture of your financial situation, “roboing” your savings, “boring” versus “trendy” investments, and more. You can learn more about Johnny and Not Another Lecture by going to JohnnyPBohan.com

Key Takeaways:

  • Understanding your assets and liabilities helps you to develop a clear picture of your financial situation  

  • Automating your savings can help you build financial stability without the need for constant oversight

  • While trendy investments like cryptocurrency can be enticing, a balanced approach with a focus on long-term, stable investments can provide a more solid foundation

  • Having a "money buddy" can help you to stay accountable 

Key Links:

Website - johnnypbohan.com

Instagram - Not Another Lecture

Contact the Host - vince@thecfoathome.com