The Role of Financial Advisors: When and how to seek for a financial advice

image by Dmitriy from Pixabay

Making decisions alone isn't something wise or smart when you can look around and seek for a advice from someone who have more experience and knowledge than you.


People think it's shame to ask for a suggestions from someone else or they'll make fun you can't make this decision alone and than they make the wrong move, a mistake they regret later.

A lot of times in my journey I felt like there should be someone who I can ask for an advice before making financial decisions but I didn't and I've learnt that was a mistake.


The Role of Financial Advisor: from a generation to another

Most of the wealthy people I've seen and known are wealthy because of the other people. They're smart enough to listen other people advices and they all have one special person who's their advisor.

An advisor who knows the solution of the problems.

image by Gagan Masoun from Pixabay

My grandfather had this one person who used to give him advices related to real estate while purchasing or before selling just to make sure he's making the right move.

This particular thing of having advisors is way too old like back in the days kings used to have proper council and each member had it's own role and their advice could easily change a king decision.

Nowadays People think it's stupid to listen someone else and they can make all the financial decisions alone but the fact is only few people manage to succeed this way.


When and How to Seek for a financial Advice

The thing I've learnt from the wealthy people is they make their decision first and than ask an advisor they trust to tell what they think about it.

Everytime when you're about to invest in something and you think this is a good idea. You should have a friend with some experience to discuss on that thing and see if it's good or not.

Image by Kris from Pixabay

Most of the time when you're about to make a wrong move but when you discuss it with friend who have experience than you'll have more confidence or you'll know where need to make changes.

Sometimes we make a wrong financial decision like opening a trade and than you're stuck in it. Now you don't know what to do, that is exactly when you should for a financial advice.

Do not listen everyone on the internet

The fact that everyone on the internet will give you financial advice but that won't work out. Everyone thinks they're capable enough to give advice but actually they're also stuck in the terrible trade or made wrong decisions.

I do prefer discussing with someone I know and can trust on. The person who have learnt from past and known to make good things even in uncertain time.

We shouldn't take advice from influencers on internet especially because they mostly think of their own benefits over your.


Wrapping Up...

In the end plenty of times other people advice do make big impact on the decisions and saves other from financial losses.

but it can also cause more trouble that's why it's necessary to make final decisions based on your own intelligence making conclusions after getting other people opinions makes it more clear and easy.

In the end I'd like to know what you think about it and feel free to share your thoughts in the comments.

fin.

Your support is much appreciated. Don't Forget to hit Upvote, Comment and Re-blog.

Thanks for reading.
Greetings.


All the content and images are mine except indicated. No copyright infringement intended. 29/06/2024.

Posted Using InLeo Alpha



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