Send us a text

Be it the cost of living continuing to climb while salaries remain stagnant, or the hope of owning a house and retiring becoming more far fetched, managing our personal finances feels like an incredibly daunting task. We are told we need to prepare for the future with its abundance of confusing options while trying to also account for unforeseen circumstances. But with the lack of early education, few of us actually come into this system knowing anything about it.

That’s why our guest today is here to ease the stress. Alok Deshpande educates us on how with baby steps, one can grab hold of their finances with better understanding of their decisions and capitalism as a whole. 

After earning degrees at Emory and Harvard University, Alok began working at Bain & Company as a consultant and later manager. Recognizing that only 4 of 50 states require financial education to graduate from high school, he eventually left his job to follow his passion of teaching personal finance. 

Inspired by his mother, who immigrated to the US, and watching her grow her $8 into a million, Alok published his own system called Financial Fuel and the 7-Tank System, which has since transformed into what is today SmartPath, where he is Co-Founder and CEO.

Here's how to get started with Boosting Your Financial IQ:

• Step 1:  Test your financial IQ for FREE
• Step 2:  Download the FREE app
• Step 3:  Take the Fundamentals of Finance course

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.

Support the show