

Boosting Your Financial IQ
Steve Coughran
The Boosting Your Financial IQ podcast simplifies financial and accounting concepts to help you understand how money works and how to create more value.Hosted by Steve Coughran, founder of Coltivar and an expert in finance, strategy, and operations, this podcast provides real-world examples, stories, and tips to enhance your financial literacy. Whether you’re new to finance or an experienced business owner, Steve’s insights will help you identify value drivers and improve financial performance. With years of experience helping businesses from $3M to $100M+ grow smarter and leaner, Steve is dedicated to giving you the clarity, confidence, and support needed to make your business more profitable and sustainable. Tune in and learn how to speak the language of money.
Episodes
Mentioned books

May 16, 2023 • 58min
61: Driving Value In Corporate Finance
In this episode, we talk to industry experts about how companies can drive value in corporate finance by integrating strategy and finance. We explore how organizations can increase firm value by aligning their financial goals with their overall business objectives. Our guests, Sebastian Guiterrez, Business Manager for Latin America Payments and Commerce Solutions at JPMorgan Chase & Co and Robert Checchia, VP of Finance at Magnify, share insights on how to create a financial roadmap that supports a company's strategic initiatives, including how to measure the success of these efforts. They discuss how to identify key performance indicators to track progress towards long-term financial goals and the importance of staying flexible and agile during times of uncertainty. Whether you're a CFO, finance leader or any professional interested in driving value in corporate finance, this episode will provide you with actionable insights to help you integrate strategy and finance to increase firm value. Join us for an engaging conversation on the future of corporate finance and how you can play a role in driving your organization's success.Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

May 10, 2023 • 11min
Financial and Economic News: May 10, 2023
Important Financial and Economic NewsCheck out what's happening in the economy and world of finance by watching this week's edition of FinWeekly. These insights are exclusive to the free Boosting Your Financial IQ app and can be found under the "Learn" section. Here are a few highlights (Watch the full report on the app):Banking sector rallies from last week’s lowsIs U.S. banking really “Sound and resilient”?S&P Financials index falls to 2007 lowsThe great credit squeeze Berkshire Hathaway’s annual meeting highlightsConfidence in Federal Reserve hits new lowGoldman Sachs settles $215M lawsuitU.S. debt ceiling hits deadlockDisclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

May 9, 2023 • 53min
60: Navigating the World of Private Equity With Rich Sexton
Navigating the world of private equity can be a complex and challenging task, but for investors, it is a potentially lucrative opportunity. Private equity involves investing funds in privately held companies in exchange for equity ownership, with the goal of generating above-average returns. To navigate this world, investors must carefully evaluate potential investments and conduct thorough due diligence to ensure they align with their investment goals and risk tolerance. Private equity investments require a long-term perspective, as they often take years to mature and generate returns. Investors must also be comfortable with the level of risk involved in this type of investment, as returns are not guaranteed, and there is a higher level of volatility compared to more traditional investments. Join me for this episode as I talk with Rich Sexton, Partner at LDR Growth Partners, about these important concepts of Private Equity.Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

May 5, 2023 • 15min
Financial and Economic News: May 5, 2023
Important Financial and Economic NewsCheck out what's happening in the economy and world of finance by watching this week's edition of FinWeekly. These insights are exclusive to the free Boosting Your Financial IQ app and can be found under the "Learn" section. Here are a few highlights (Watch the full report on the app):The U.S. government will run out of cash in JuneNearly half of America’s 4,800 banks are insolventThe Fed raised interest rates by 25bp on WednesdayInvestors have lost $54B from the banking crisisPayroll costs increased by 6.7% in AprilMeta raises $8.5B from bondsApple earningsNext stepsDisclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

May 2, 2023 • 48min
59: Overcoming Adversity and Financial Hardship as a Single Mom With Gloria Dixon
Overcoming financial hardship as a single parent can be a challenging and emotionally taxing experience. Many single parents struggle with balancing the needs of their children with their own financial responsibilities, leading to stress and anxiety. However, it is possible to overcome these challenges and achieve financial stability. Check out this episode where I talk with my mom, Gloria Dixon, about the hardships she experienced and overcame while raising me and my six siblings. We’ll talk about her amazing journey of courage and fortitude and how she managed her cash with the envelope system, looked for ways to reduce expenses, sought additional sources of income, and instilled a culture of love within her household.Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

May 2, 2023 • 13min
Financial and Economic News: May 1, 2023
Check out what's happening in the economy and world of finance by watching this week's edition of FinWeekly. These insights are exclusive to the free Boosting Your Financial IQ app and can be found under the "Learn" section. Here are a few highlights (Watch the full report on the app):First Republic is absorbed by JP MorganAnother 25bp interest rate hike on Wednesday?U.S. factory activityBitcoin’s winning streakArtificial intelligence and the threat to 25% of jobsAir travel and Boeing’s latest issuesProposed social media bansCommercial real estateI Bonds and their falling ratesNext stepsDisclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

Apr 26, 2023 • 10min
Financial and Economic News: April 26, 2023
Check out what's happening in the economy and world of finance by watching this week's special edition of FinWeekly. These insights are exclusive to the free Boosting Your Financial IQ app and can be found under the "Learn" section. Here are a few highlights (Watch the full report on the app):Lifting the debt ceiling again, in January U.S. federal debt hit $31.4TMicrosoft outperforms Google with 7% top line growthApple’s project to track emotionsTesla’s price warFirst Republic and banking’s $500B outflowCredit updates, corporate bankruptcies on the riseConsumer confidence falls for the third straight monthWhat millennials missed out on last yearDisclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

Apr 25, 2023 • 59min
58:The Secrets to Launching a Successful Career in Finance
Do you want to know how to launch a successful career in finance and grow professionally? Do you ever wonder what separates the average worker from the high performer? Well, there is no need to guess because in this episode, I talk with my former colleague and assistant controller of a successful FinTech company, Heidi Ardia. In this show we’ll be discussing topics such as education, learning from others, and building the right skillsets to lead with impact and accelerate one’s career. You'll also learn about the importance of staying up to date on emerging technologies and industry trends, as well as the value of building a strong professional network to help you succeed in finance. If you are interested in pursuing a career in finance or looking to take your finance career to the next level, then this episode is definitely for you! So, sit back, relax, and join us as we explore the secrets to launching a successful career in finance.Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

Apr 21, 2023 • 18min
Financial and Economic News: April 21, 2023
Check out what's happening in the economy and world of finance by watching this week's edition of FinWeekly. These insights are exclusive to the free Boosting Your Financial IQ app and can be found under the "Learn" section. Here are a few highlights (Watch the full report on the app):The impact of $500B pumped into the financial systemHow the U.S. $1.4T deficit is impacting the dollar's purchasing powerNew housing starts, foreclosures, and auto loansCommercial real estate's looming $1.5T crisisChina's economic recoveryPiping hot inflation in U.K. and the Bank of England's likely responsePotential market opportunitiesDisclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

Apr 18, 2023 • 47min
57: How to Invest Using Your Spare Change With Dmitiri Love
What if you could use your spare change to begin investing in stocks, cryptocurrency, and other financial assets? Join me for this special episode where I talk with the Founder of Bundil, Dmitri Love, about the app he created to turn loose change into an investment portfolio. In this show we’ll talk about his journey into FinTech, how he got on the T.V. show SharkTank, and how he works hard to help people invest in a brighter future.Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com