Financial advice is probably more essential than chemistry or algebra. From a basic level, this is what you want to learn about credit cards. Financial advice is supposed to be tailored to each individual seeking it, not a blanket statement or theory to be thrown out there like the gospel. Financial advice is not about being super-human, just human. To support it means recognizing that nothing moves and nobody makes any money without something being sold.

Independent financial advice is important for the best personal financial management, as well as your family. In the field and discipline, personal and family insurance, for example, offer a lot of products to choose from, and the selection is growing all the time. Independent financial assistance will help to ensure that we continue to make maximum use of all that we have worked so hard to enjoy.

Financial advisors also have specialization although they are trained in almost all financial aspects. There is the general financial planner, mortgages and loans advisor, personal insurance, retirement planning, and investment and savings advisor. Financial advice will provide an additional income stream for the practice, and financial innovation served to manufacture AAA-rated assets out of risky mortgages. The regulators mostly applauded this.

Advisers offer different levels of service. Some advisers will recommend a particular product after assessing your needs; others will select several products based on what you have said but leave you to decide. Advisers must explain to students that they will serve as unbiased and supportive agents in both their educational pursuits and lives. By establishing an open communication policy, students can feel comfortable to ask those questions without facing “stigmatization” (Johnson, 2005).

Financial advice is usually so abstract that we cannot possibly know the good until we suffer through the bad. Had you not made that 35K debt ‘mistake’, you absolutely would not be where you are now. Financial advice is when a professional adviser assesses your personal circumstances and recommends financial products that are suitable for you. For example, the money young people, students and graduates have to invest is likely to be different than for someone older, with greater financial security. Financial advice is most sought after by investors and traders who require constant monitoring and reviewing of their changing needs and goals. For this, traders are keen to develop a long-term relationship with a well reputed financial advisor.

Ask the adviser to explain what you are paying for, how much it will cost and how you will pay for it. If you want to pay by commission, ask your adviser how this will be calculated. Also, ask if you can speak to two or three of the advisers' existing customers so you can get an idea of the service from their point of view. Naturally, advisers will not give you the names of unsatisfied customers, but it will give you an alternative perspective. You can also ask the insurance agent or the investment broker masquerading around as a financial planner how much they are making from the products they sell.

Free Financial Advice also does not make any recommendation or endorsement as to any investment, advisor or other service or product or to any material submitted by third parties or linked to this website. In addition, Free Financial Advice does not offer any advice regarding the nature, potential value or suitability of any particular investment, security or investment strategy. Free financial advice is great social work, but professional advice provision is, well, professional, and needs standards, monitoring, regulatory control, continuing education and competency controls. So, no, independent bloggers do not count.

Latest News


Services Overview

Financial Services


Personal Finance

Popular Resources

Credit Reporting, Loans & Credit, Mortgages, Auto Loans, Budgeting Advice, Bankruptcy, Credit Cards, Consumer Protection, Credit Scores, Cutting Costs, Debt Repayment, Economy, Education, Events, Extra Income, Family, Financial Crisis, Financial Literacy Month, Frugality, Holiday, Homeownership, Identity Theft, Kids & Money, Reflections, Saving, Shopping, Taxes