Budget Like a Boss: A Financial Planner’s Tips for Achieving Your Money Goals

Oct 7, 2024

Magda Doemeny, a certified financial planner with NerdWallet Advisors, shares valuable insights on financial planning and behavioral budgeting. She explains the role of CFPs in helping individuals align their financial goals with personal values. The conversation delves into overcoming societal pressures, creating sustainable financial habits, and the transformative power of personalized advice. Listeners learn practical strategies for setting priorities, managing financial anxiety, and achieving long-term success, all while emphasizing the importance of self-reflection and realistic mindsets.

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Intro

00:00 • 2min

Understanding Financial Planning Services and Personalization

01:59 • 2min

Navigating Financial Planning Insights

03:53 • 9min

Navigating Personal Financial Goals Amidst External Pressures

13:18 • 4min

Navigating Financial Confidence

16:50 • 6min

Navigating Financial Planning Necessities

22:45 • 4min

Learn what it truly means to work with a certified financial planner (CFP) and how personalized advice can help you set and achieve your financial goals.

NerdWallet Advisors is no longer accepting new clients, and will be closing its financial planning business as of December 20th, 2024.

What should you know before working with a certified financial planner? What strategies can help you navigate societal pressures and make personal financial choices? Host Sean Pyles talks to Magda Doemeny, a certified financial planner with NerdWallet Advisors, to discuss the power of personalized financial advice and behavioral budgeting to help you understand how to align your financial goals with your personal values. They begin with a discussion of the role of certified financial planners, including the fiduciary responsibility of CFPs, the specialized knowledge they bring to areas like estate planning, and common strategies for cutting through societal noise to focus on personal priorities. They also discuss the innovative concept of behavioral budgeting, which involves creating sustainable financial habits, like limiting dining out.

NerdWallet Advisory LLC, dba NerdWallet Advisors, is an SEC-registered investment advisor and wholly owned subsidiary of NerdWallet Inc. The advice provided in this episode of Smart Money was for illustrative purposes only and not intended as financial or investment advice specific to your personal facts or circumstances.

In their conversation, the Nerds discuss: financial planning, certified financial planner, personalized financial advice, financial goals, estate planning, financial anxiety, behavioral budgeting, fiduciary responsibility, financial choices, societal pressures, financial journey, managing finances, financial management, money questions, financial behavior, financial habits, spending habits, retirement savings, debt management, investment vehicles, financial coaching, personal values, and sustainable changes..

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

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