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BQ Big Decisions: Financial Planning 101—The Best Way To Manage Money

Efficient money management is key to any good financial plan. These simple strategies will help you get started. 

BQ Big Decisions: Financial Planning 101—The Best Way To Manage Money

Financial planning and money management isn’t rocket science. All it takes is a little patience and consistency.

But like a diet plan intended to get you into shape, if you take on more than you can handle, you’ll find it hard to sustain. The goal of a good money management strategy, then, is to help you ease into the process of becoming financially healthier. And, if you have already taken the first few steps, there are strategies you can employ to get even better.

On this BQ Big Decisions podcast, BloombergQuint speaks to Arvind Rao, certified financial planner and founder of Arvind Rao & Associates. Rao describes beginner, intermediate and advanced money-management strategies. He also has tips for those who have an irregular income.

Listen to the full conversation here: