Eps 33: The Ultimate Secret Of FINANCIAL ADVICE
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Host
Max Cooper
Podcast Content
While financial planners are essential consultants for many people, especially those with substantial wealth and varied accounts, having your own financial planner is probably a luxury you can do without if you're new to forming your finances or have a little more.... resources. Most people see financial advisors as experts, people who can take care of their money and make it grow. No matter how good the advice is, how disinterested the motives are, financial advisors are just as willing to make money as anyone else.
If they make money from commissions or paid services you have a right to know that they make money when you buy or sell because that's when they take their commissions.
You want to follow a boring financial strategy and you want reputable professionals to help you with it. You also need special fiduciary safeguards: without these, your financial advisor can sell you an investment at an inflated price. Find a well-paid accountant, lawyer and financial advisor who adheres to sound standards in every way.
Once you have achieved a decent amount of wealth, whether it be liquid investments or tangible assets that are not available for converting into cash, ask a financial advisor to educate you and to help you make decisions. With the following secrets and doing due diligence you can be sure you're getting your money from a financial advisor, including helpful financial advice and coaching as well as well thought out financial planning.
Financial advisors are good people - they are just looking at the financial world from the old point of view and are struggling to innovate. From my own experience, I have learned that financial advisors are biased about resource allocation and alternative investments that put their clients at a disadvantage.
I would appreciate the chance to share some of the knowledge and experience I gained as a financial advisor and to make it easier for you to talk freely about your money. So instead of an imaginary dinner date, I will reveal some of the best financial advice secrets to help you overcome financial fears and social barriers and start talking more openly about your financial problems and successes. Get started on the right track by exploring these secrets from 25 of the leading financial experts on the internet.
I hope these will help you get inspired to break taboos and discuss the best financial advice you can give your friends and family very soon you will have so much knowledge about money that people will come to you for advice. Study it, internalize and apply the lessons learned in your financial life until you start attracting more and more money in your direction.
These 12 steps will not solve all your financial problems but they will help you develop healthy habits that will help you get on the road to financial freedom whatever that means to you. With the right financial planning and the drive to improve your personal finances, you can become one of them too. Financial success is achieved by constantly making smart decisions with your money and then following these choices with your actions.
The good news is that one can save money and think like money-making millionaires in order to become financially independent, which usually means having enough savings, investment and cash to afford the lifestyle you want for yourself and your family and a growing nest that will allow you to retire or pursue the career you want without any guidance... year. The good news is that it has more to do with what you do with the money you make than the amount you make.
We all want to make more money, most people spend a lot of time and energy looking for one single investment that can solve all their financial problems and they want to reveal a secret only rich people know, thinking that if they knew this magical place to put their money they would also become rich.
Currently, this is the person who must fix your life so you can buy whatever your heart desires, at least we want to believe. We found out if financial planners appreciate your shoe buying habit if they get angry if they have to repeat it over and over again and why they don't always follow their advice.
Now that Financial Literacy Month has arrived, we have accumulated a wealth of knowledge spanning the world of money, whether it from the dozens of “I got out of debt” success stories that we have presented in the dozens of psychological studies we reviewed that relate to the best change in behavior. So we have decided that there is no better time than now to read our 50 Best Money Tips in one succulent and highly rewarding reading.