Wealth Analytics

10/05/2023

Check out Victoria Kirilloff's advice on what to do if you win the lottery!

Disclaimer: This is not investment advice and is for general education purposes.

We all know the odds of winning the lottery are incredibly slim, but what happens when your ticket matches all six numbers. It's a life changing moment that should not change who you are.

06/27/2023

Did you know that emotions can positively impact our spending habits? For example, when we are feeling happy or excited, we may be more willing to treat ourselves to something special.

Last year, I bought an Audi A3. It was one of three cars on the lot that wasn't hundreds of thousands of dollars.

I recently took it in to get serviced, and they sent me out a loaner vehicle -an Audi A5 Sportback. It made my life so much easier and it was EXACTLY the car that I was originally looking for.

The car dealer was manipulating my emotions and giving me something that they knew I wanted before. They tried to negotiate, but when I was running the actual math, I realized that it wasn't a good deal - it didn’t make financial sense.

I had to work hard to not engage in emotional spending and do what “felt” right. I ended up staying with my Audi A3.

This was an exercise for me to practice what I preached. I had to check in with my financial feelings and work through them so I could make a sound logical decision in the end.

With the money I was going to use to buy the A5, I'm reinvesting it into my company and doing something that is worth value to my future!

It's important to balance indulging in our emotions and being responsible with our finances.

While it's okay to treat ourselves once in a while, we also need to make sure we're not overspending or going into debt just because we're feeling good.

Are you indulging in your emotions or being responsible with your finances? Tell me in the comments below!

*This information is for general education purposes and is not investment advice.

06/18/2023

Papa was one in a billion. Not only did he teach me the tradecraft he mastered at CIA, but he also imparted his knowledge of business building and product invention to me.   

Being his daughter gave me a unique perspective on the world and showed me that I was capable of anything.  

Recently I have been building a Divorce Planning Kit, a series of 8 tools to help streamline the divorce process,  and am nearing the launch date. But it is bittersweet.

The tears often pour down my cheeks as I burn the midnight oil bringing my ideas to life. I can’t help but miss my father.

The last time I was involved in inventing a product, I worked for Victor Engineering under the tutelage of Big Papa Bear- BPB as he was affectionately known.  

He lived for innovation and was filled with incandescent creative energy that was burned so bright that even I couldn’t keep up with him.  

Papa would wake up in the middle of the night with an idea and know exactly what we needed to do to bring the product to market.  He knew how to make something out of nothing and we always had fun doing it.  

As I near the completion of my own invention journey, I can’t help but wonder what he would say; I have found myself waiting to hear his gentle yet authoritative voice instructing me on my next steps.

Our time together was cut short and I am left only with the memories of us playing around in the machine shop, prototyping a new product. Papa knew that he wouldn’t be around as long as he would have liked so he made sure to make the most out of the time we did have. Everything was a learning opportunity.

I am proud to be able to use the knowledge he handed down to me to build my own product. I am standing on the shoulders of a giant- rather, an eight-hundred-pound Russian gorilla as he liked to refer to himself.  

While Papa is not here to see the process, he is in my heart and his words continue to guide me. With each passing day, my love and respect for him only grows. I will forever be a Daddy’s girl.

05/25/2023

I want you to see your time and money as a gift that is more valuable than you ever thought.

To live a more financially fulfilling life, you have to become much more intentional how you pay for purchases, what you spend your money on and why - and for what YOU really want.

This means living life as your most authentic self, respecting the money that you have around you and aligning your money and spending habits to your ultimate financial dreams and goals.

If you’re looking to get started with building a better relationship with money, book a free consultation to see how we can work together. Link in bio!

*This information is for general education purposes and is not investment advice.

05/18/2023

As a business owner, my client - let’s call her Kate, used to wear many hats from accounting to marketing to customer service. It wasn't until she hired me as a personal CFO that she realized the value of having a dedicated financial expert on her team.

With our guidance and expertise, she was able to focus on growing her business while we managed the finances. Not only did we help her save money, but we also provided valuable insights that helped her make informed decisions.

If you're like Kate and struggle to balance managing your business and your finances, hiring a personal CFO is a game-changer. Victoria can help you create a financial strategy that aligns with your business goals and provide ongoing support to ensure you stay on track.

Plus, she can handle all the day-to-day financial tasks, leaving you with more time to focus on growing your business.

Book a free consultation to get started! Link in bio!

*This information is for general education purposes and is not investment advice.

05/16/2023

Many individuals think they have their finances under control. But as one’s income grows, they quickly realize that managing finances is more complex than they anticipated.

Most don't know where to start or what questions to ask, this is why you should turn to a personal CFO for help. As a CFO, Victoria takes the time to understand your financial goals and provides personalized guidance that helps you achieve them.

Working with a personal CFO isn't just about managing your finances – it's about gaining a partner who can help you navigate the financial complexities of life.

Whether you're looking to save for a down payment on a house, start a business, or plan for retirement, a personal CFO like Victoria can help you create a plan that works for you.

We come in to uncover where your money is going, get all the bills paid on time, and design a sustainable financial ecosystem that sets you up for a financially secure future.

With us by your side, building wealth sustainably and making effective financial decisions for every stage of your life becomes easy and empowering.

Stop trying to handle finances alone, send us a DM so we can help you.

*This information is for general education purposes and is not investment advice.

05/12/2023

Welcome back to the last round of our series: Understanding Financial Terminology 101.

This week we have terms that start with the letter “T”, “V”, “W”, and “Y”.
Swipe through the slides for the following definitions:

- Taxes
- Time Value of Money
- Traveler's Check
- Variable Expenses
- Wants
- Wealth-Building
- Withholding
- Yield

Financial terms can seem like a completely foreign language for many people. If you feel that way, you’re not alone.

Victoria can take the fear and anxiety out of money by helping you understand some of the terms often discussed in the financial world, and how they apply to you!

Leave a comment below if you have questions about any of the terms we’ve discussed!

*This information is for general education purposes and is not investment advice.

05/11/2023

Did you know that the health of your vagus nerve can impact your relationship with money?

The vagal nerve is responsible for regulating our body's "rest and digest" and “fight, flight, or freeze” response. When this nerve is stimulated, it signals to our body that we are safe and can relax. But when it's not functioning properly, it can cause us to feel anxious and stressed, which can lead to poor financial decision-making.

If our vagus nerve is functioning well, we're more likely to be able to resist impulsive purchases and stick to a budget.

If it's not functioning properly, we feel overwhelmed by stress and turn to unhealthy coping mechanisms, like overspending or ignoring our financial problems altogether.

By taking care of your vagus nerve, you might find yourself making better money choices as a result.

Share this post with a friend who likes to overspend!

*This information is for general education purposes and is not investment advice.

05/04/2023

Welcome back to the next round of our series: Understanding Financial Terminology 101.

This week we have terms that start with the letter “S”
Swipe through the slides for the following definitions:

- Savings
- Savings Account
- Share Account
- Share Draft Account
- Social Security
- Spending
- Stock
- Stock Market

Financial terms can seem like a completely foreign language for many people. If you feel that way, you’re not alone.

Victoria can take the fear and anxiety out of money by helping you understand some of the terms often discussed in the financial world, and how they apply to you!

Leave a comment below if you have questions about any of the terms we’ve discussed!

*This information is for general education purposes and is not investment advice.

05/02/2023

Have you ever gone on a shopping spree to cheer yourself up after a tough day? Or splurged on a luxury item because you felt like you deserved it? Our emotions can have a powerful impact on our spending habits.

I recently walked into a Kate Spade and my eye was immediately drawn to a gorgeous green purse. I thought I needed it because I didn’t have anything like it in my closet yet. I wasn’t even in love with the structure of the bag, but I bought it anyway. I justified the purchase by saying I would return it if I didn’t use it within the next two weeks.

Low and behold, I didn’t use the bag, but I kept it anyway, then went back for another green bag that was almost the same but slightly different. Can you relate?! 🥴

Looking back, I realize that my emotions were clouding my judgment, and I probably could have found a healthier way to deal with my feelings.

Studies have shown that people are more likely to overspend when they are feeling sad, anxious, or stressed.

When we are in a negative emotional state, we tend to be more impulsive and less rational. That's why it's important to be mindful of our emotions and how they affect our spending habits.

If you need help managing a budget and finding ways to resist emotional spending, send us a DM! We can help!

*This information is for general education purposes and is not investment advice.

04/27/2023

Planning for the future can be overwhelming, but with the guidance of an estate administrator, you can take control of your estate and secure your legacy.

As a wealth engineer and estate administrator, Victoria can provide invaluable insight into estate operations, offering strategies that maximize your assets while minimizing the stress of money in transition.

Whether you're starting to plan your estate or need to review an existing plan, she can provide the expertise and guidance you need to make informed decisions. Estate management is not just about protecting your assets; it's also about preserving your legacy. Victoria can help you achieve both.

Because estate planning is not a one-size-fits-all approach, she can also ensure that your estate is managed in a way that aligns with your values and priorities. She will work with you to create a personalized plan that meets your unique needs and objectives.

Planning for the future can be a daunting task, but with the guidance of a skilled wealth engineer like Victoria, you can create a comprehensive estate plan that protects your assets and your legacy.

If you want help navigating the complex financial issues surrounding estate administration, book a free consultation call. Link in bio!

*This information is for general education purposes and is not investment advice. Wealth Analytics provides non-legal wealth preservation strategies.