Personal Financial Education with Vince Shorb

Vince Shorb is one of the country’s leading advocates for promoting financial literacy and a thought leader in teaching and scaling financial education programming. After spending 15 years in financial services working one-on-one with more than 20,000 people, he founded the National Financial Educators Council (NFEC) – an organization dedicated to combating the financial illiteracy epidemic.

Shorb has led the NFEC in the development of 2,500 financial literacy programs and more than 80 financial literacy assets. He has been featured in publications on USA Today, CNBC, Yahoo Finance, Forbes, CNN Money, MarketWatch, Fox Business, Huffington Post, NASDAQ, and Business Insider.

Episode Highlights Here:

Vince:

It’s a way to get my workout as a property value and flip this after two years, so I’m still in that space.

Pierce:

I want to talk about the financial space quickly. But I want to start where we’re kind of you started, so are you still in real estate? Or what are you doing with that round?

Vince:

Yes, still real estate, you know, now I’m doing a different type of thing. I don’t have as many rental properties as I once had I lightened up right before 2008 and 2009, which was kind of left out there. I saw the writing on the wall, though. But right now, I’m doing rehabs and still active. But it’s a different way for me to get my workout in. So yesterday, I lifted about 3000 pounds of pavers and cement and concrete dust or sand. So it’s a way for me to get my workout as a value the property and flipping this after two years, so I’m still in that space. My first property, you know, as a waiter and busboy in the realtor was there when I was 1920 years old, and the realtor kept eating there and picking his brain every day and I got a partner with one of the guys I worked with at the gym and we went on this deal together and actually, I still have that property going on. 29 years later.

Pierce:

Wow. Nice. So a little bit of depreciation. Probably and, and whatnot. Where and what markets where are you in?

Vince:

Oh, right now, focus on Texas. I’m going to be unloading my California properties. But I love Texas, you know, not only for the business benefits of low taxes. No state tax here in California is about 14% of what they’re doing there. They just want to send people away. But, I also am looking into Florida to I’m interested in that market. So yeah, it’s a hobby for me, one of my first loves, I have to be in it. I’m in the area. I’m in this growing area, North Dallas, Frisco little elm area and I just like watching developments, and that’s always been an interest for me.

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About Vince Shorb

Vince Shorb Vince Shorb is one of the country’s leading advocates for promoting financial literacy and a thought leader in teaching and scaling financial education programming. After spending 15 years in financial services working one-on-one with more than 20,000 people, he founded the National Financial Educators Council (NFEC) – an organization dedicated to combating the financial illiteracy epidemic.