Financial Wellness with Vince Shorb, Episode #266

In this episode of The Power Producers Podcast, David Carothers and co-host Kyle Houck interview Vince Shorb, CEO of National Financial Educators Council. Vince discusses the key components of financial literacy and wellness, including knowledge, skills, and the confidence required to effectively apply these elements in real-life situations. 

Episode Highlights:

• Vince discusses what led him to his mission of educating people about financial wellness (6:45)
• Vince explains that financial literacy and wellness require knowledge, skills, and confidence for effective application. (12:39)
• Vince mentions that financial coaches often face difficult conversations with couples discussing life goals. (19:49)
• Vince believes that financial educators can help individuals navigate complex financial situations, leading to better lives and support for family and friends. (24:53)
• Vince explains that education is crucial in building a long-term client, as it helps them understand financial complexities in a layman’s way, preventing the loss of clients. (32:41)
• David mentions that to overcome objections in a business, it’s essential to have a plan and execute it. (38:05)
• Vince encourages financial education in the financial service space to help build a brand around financial wellness. (44:28)

Tweetable Quotes:

• “If we really focus and shape our message around education, if we’re contributing to the community, so we do a lot of campaigns, we’re going to communities, donate resources in the name of individuals, build that relationship from the education standpoint. So they know, hey, this is somebody I can ask questions to.” – Vince Shorb
• “I think with you guys taking that role as educating, really explaining things in a clear, concise way, that’s a lot what education is. That’s building a long-term client that’s building somebody that can come back to you and won’t be sold by somebody else, you know, somebody else that comes along and educates them.” – Vince Shorb

Resources Mentioned:

• Vince Shorb LinkedIn
• National Financial Educators Council
• David Carothers
• Kyle Houck
• Florida Risk Partners
• The Extra 2 Minutes