Focus The Fire

Consider this a behind the scenes (mic) episode. We're in the middle of a transition and want you know what's happening. For more, connect with Dalan below.   Social media (@dalanvanterpool) and web links: Twitter: twitter.com/dalanvanterpool Instagram: instagram.com/dalanvanterpool Facebook: facebook.com/dalanvanterpool LinkedIn: linkedin.com/in/dalanvanterpool Website: dalanvanterpool.com       

Hello 2021!  So many great things to share. I'm technically not supposed to be on the mic so please listen to this before someone on the team tries to take it down. Haha   I'm sneaking in here with a quick update on what's been going on behind the scenes, with special peek at the new book that's dropping...soon. Also for anyone who ever thought about attempting something that seemed impossible, I've got some useful reflections from the book writing process for you.   We appreciate your support. In the meanwhile, chew on the 200+ episodes, blog posts and videos available at dalanv.com.   Listen in for more details, and we'll see you soon.   Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: www.buymeacoffee.com/dalanv

Hi there! I’ll admit today’s episode is a bit odd. It’s more of an update really, with a power tip at the end. We’re taking a step back to make several steps forward.   For the month of November we’ll hit pause with two main objectives, amongst a list of other tasks. First up is wrapping up the book project, “No Boss, Only Clients”… unless a different title suddenly rises like hot bread on a rainy day. Second, we’ll be catching up on the back log of guests who want to be featured on the show.    No doubt, taking this break has been an extremely difficult decision as we’ve be on the air each week for years now. However, I’d rather keep up the quality.  Thank you for understanding and we appreciate your support. In the meanwhile, chew on the 200+ episodes, blog posts and videos available at dalanv.com.   Listen in for more details, and we'll see you soon. Have a powerful month!   Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterp

We interrupt the regularly scheduled program for this important message about you.   In this uncut straight talk episode, Dalan drops some heavy truths about the relationship you have with your job. Many people let what happens at the office seep into their subconscious and inform their ability to add value to the world outside that corporate structure. News flash: YOU ARE MORE.    Learn how to recalibrate the interaction between your career and mission. More on the inside so tune in.    Warning: Headphones recommended for this one. Do not play this out loud at the office! :)   Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: www.buymeacoffee.com/dalanv

Today we continue our breakdown on financial statement essentials, looking at how a Cash Flow Statement actually works. Understanding this statement will enable you to pose more insightful questions about a company’s performance and avoid being fooled by flashy numbers like sales and net income.    The golden question: What happened to cash?     If you have specific questions send them to hello@careersandcashflow.com or hit us on the socials so we can answer them in a follow-up episode.    Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: www.buymeacoffee.com/dalanv

Today we continue our breakdown on financial statement essentials, looking at how an income statement actually works. Yes, at the most basic level, it’s Revenue minus Expenses, but we will show you some nuances that can help you get a better understanding of what’s happening in a company.   Hint: There are many answers to the question, “How much money did they make?”.    If you have specific questions send them to hello@careersandcashflow.com or hit us on the socials so we can answer them in a follow-up episode.    Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: patreon.com/dalanv

Time to geek out! If you want to master money you need to gain a certain level of comfort with numbers and financial information. Over the next few episodes, we will teach you the basics of how to understand the main financial statements.   This is useful when making investment decisions and managing your personal finances. Today’s lesson covers the balance sheet and the main accounting equation:   ASSETS = LIABILITIES + EQUITY   If you have specific questions send them to hello@careersandcashflow.com or hit us on the socials so we can answer them in a follow up episode.    Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: patreon.com/dalanv

The number of sources spewing good and not so good financial information can be overwhelming. On this episode, we will show you 10+ sources where you can find useful information for your personal finance and investing decisions.      Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: patreon.com/dalanv

In today’s episode we step back and look at what we are really trying to accomplish. This answer will be different for each person so it’s important to let your definition guide you. What’s your finish line?       Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: patreon.com/dalanv

If you’ve spent any time on the internet recently there’s a good chance you’ve been hit by 1 or 1,000 ads asking you to join a Forex (foreign exchange) trading scheme as the latest way to get rich quickly. Not surprisingly, these promotions spiked during the current pandemic while many people are stuck at home, desperate for a way to make money.   Today we keep it quick and dirty with a hot take on whether these schemes are legitimate and how likely you are to become wealthy by joining the club.   Warning: Catch figures, not feelings today.

On this episode, we explain the way dividends work including how you can use them to start building passive (automated) income. We start by debunking some common misunderstandings about stocks and dividends.   Following that, you will learn the four key dates to know for navigating dividends. To wrap up, we discuss three dividend types including one you may not think of immediately.   Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: patreon.com/dalanv

Stock splits are a relatively common action companies take where the trading price of the stock is divided and shareholders receive additional shares. The total value of the shares remains the same, but the price and number of shares outstanding change.    At the time of this recording in August 2020, some big-name companies such as Apple and Tesla are less than two weeks away from executing stock splits. In this episode, we explain how it works and what you need to consider in deciding whether to make a move before or after the split.     Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: patreon.com/dalanv

If you ever have the chance to observe a baby grow over an extended period of time, you may start to identify some of the same behaviours you see in your adult self or other adults. Today we look at five baby behaviours that are hindering your career and financial goals. Time to grow up!     Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: patreon.com/dalanv

Do you just save money or invest it as well? If you’re only saving, then chances are you’re quietly losing money.  As a rough example, if your saving account is paying 1% interest, but inflation is growing at 3%, then you are effectively losing 2% each year. For this reason, money-minded people invest a portion of their money to keep up with and hopefully beat the effect of inflation. Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: patreon.com/dalanv

Taking your financial status to a new level can feel a lot like moving to a foreign country. You will find that people have different habits here and speak a different language. Let’s start working on crucial vocabulary so you can navigate the financial streets like a boss!   Today we explore the difference between a stock market and a stock index. Next week, we look at how you can tap into these to start earning income and value.   Essential financial education for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: patreon.com/dalanv

Welcome to the 6th and final (for now at least) part of the Own A Home? series. So far we have covered why this conversation even matters, whether you should buy, build or keep renting, how to get a bank loan approved, working with real estate agents and much more.    Here in part 6, we jump into some legal considerations around different ways to structure the deal.    Should you own the property in your name or place it as an asset inside a company or other structure? If you buying with a spouse or partner, how do you make sure each person owns the right percentage and protects their interest in the property?    ***Important Disclaimer*** This is for informational purposes only and should NOT be considered official legal advice. Laws and regulations differ by country and jurisdiction, so be sure to consult a qualified lawyer familiar with how things work in your location.   Essential financial advice for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.c

On part 5 of the Own A Home? series we bring you the inside secrets to working with a real estate agent to choose the right property for you. Our guest today is Kathleen Vega (full bio here), a real estate agent serving clients in Panamá.      On the inside: Learn how to spot red flags and choose a good agent.  Get an agent's perspective on how close a winning deal.  What to look for when she process and understand. Understand how to navigate a home-buying fair/convention What can increase the value of a property and make it easier to rent or sell.   Connect with Kathleen here:   Web: www.kathleenvega.com Facebook: https://www.facebook.com/kathleenvegapa Instagram: https://www.instagram.com/kathleenvegapa     Essential financial advice for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help

New Name?    Focus The Fire podcast has been a fun, evolving project over the past 4 years. Now with more clarity, we are refocusing and making adjustments to help our name and branding line up with the content. We want to help professionals like you connect your career moves with your wealth goals.    In this special episode, Dalan gives you the story behind the 2020 rebranding to Careers and Cash Flow and what you can expect from the “new” show.    Essential financial advice for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @careersandCF www.twitter.com/careersandCF       Help us create more great content: patreon.com/dalanv

Before we can seriously talk about investing, let’s get your finances under control with 10 easy ways to save money. Working in accounting and banking for the past 10 years, you get to see the range of ways people manage to make and lose money.  This episode is a brief summary of the top things to avoid and rules to follow. If you have any questions or suggestions drop a comment below or connect on twitter.   Question of the day: What’s the most money you have ever been able to save?   Essential financial advice for ambitious young professionals.    Full show notes and other resources available at www.dalanvanterpool.com/podcast   Connect with host on twitter @dalanv www.twitter.com/dalanv   Connect with show on twitter @focusthefire www.twitter.com/focusthefire       Help us create more great content: patreon.com/dalanv