Who is your financial advisor?

It might be mom and dad. My parents taught me to save my money for big purchases. That was useful, but it didn’t let me spend money on fun things which is also important. They shared absolutely nothing about growing money by investing.

Maybe it’s someone at work. The consultant who set up our first business told us to open retirement accounts and regularly add to them. That worked too. Maybe you have a 401k account, and like us, have no idea whether the investments in it are right for you.

A financial workshop advised me to regularly put some money into an interest-bearing account and spend the interest for fun activities.  I did and the account kept growing.

Maybe it’s a book or website. I read a book on investing, got excited, did research and found a highly rated mutual fund to replace the savings account. I spent the dividends.

Do you follow random advice? We tried that too and lost money in real estate investments we didn’t understand.

Do you have a registered financial advisor? The accountant for our business referred us to one many years ago, and thanks to following his advice, we no longer must work for our money—it works for us.

Decide if the financial advisor you are using now is the one you need, and if not, find the one who will help you reach your goals.

Reading “Embrace Prosperity” will help figure it out. Start now.

This article is a comment I wrote about a passage on Page 143 of Embrace Prosperity: Resolve Blocks to Experiencing Abundance (Rapid Relief With Logosynthesis®) You can see the passage in the book. You can also see the excerpt here. This link will take you to Bublish.com, where I regularly publish comments on parts of several of my books. This is a site where authors share of their work. You can subscribe to my musings, there, as well as to the musings of many other authors. It’s a great place to learn about new books and I recommend that you visit.