Rodrigo Nieto-Galvis of City National Bank Shares 5 Finance Tips for Young Artists on ‘Latin Hitmaker’ Podcast

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Rodrigo Nieto-Galvis of City National Bank shares 5 finance tips for young artists on the ‘Latin Hitmaker’ podcast

podcast, Nieto-Galvis elaborates on five common mistakes artists make with their finances and how they can be fixed or avoided overall.“You know, as an artist, sometimes they want to focus on their craft, on their art, on their music, but they also have to be the CEOs or of their careers. They need to manage their careers as a business […] and there’s something also that you may not be savvy in every area of a business, so you need to surround yourself with the right team.

you need to know what will be resources you need to achieve the goals that you are trying to reach. Right. So like have a plan for 12 years. What are the resources that you’re going to need if you buy that car? If you can buy that boat, is that going to affect the plan? Are you still going to have the resources to achieve those goals? Right. So so again, the third issue is the area of problems is managing your expenses, having a budget, having a plan.

 

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