Archive - September 3, 2011

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Why You Should Never Take Financial Advice From Friends

Why You Should Never Take Financial Advice From Friends

We all get advice from our friends, whether we want it or not. When it comes to financial advice from your friends, take it with caution.

The do it yourselfers

Many people are Do-It-Yourselfers when it comes to their finances. As a financial professional, I’ve seen people who are pretty good at it. I generally meet them when they come to see me for a sanity check. There’s always something I can recommend that they didn’t think of and they appreciate it. But some Do-It-Yourselfers are a mess – and the mess is compounded by the fact that they don’t …

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