14 Best Tips That Financial Planners Give to Their Besties

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By Meghann Rabbitt

Wouldn't it be great to have a certified financial planner for a best friend? Just think of all the advice you could get about how you might stay on track financially and how to make your money work harder for you.

Since most people don't have that access, we picked the brains of six such planners from LearnVest Planning Services to find out what advice they'd share with the people they love most -- from smart ways to help stick to savings goals to how to navigate finances with a significant other.


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johndson

Financial Planner!!?? Haaaaaaaaaaaaaaaaaaaaaa! What a load! These guys are INSURANCE salesmen who CANNOT sell insurance so they sell INSURANCE investment products that have to be renewed EVERY stinking year with a fat commission attached to each and every "investment!" What a farce! Snake oil sales men at least gave you snake oil.

June 24 2014 at 6:05 PM Report abuse rate up rate down Reply
Valerie

Who needs a "financial planner" to dream up new ways to SPEND money on impulse purchases??? Most people are already superb at spending money to acquire stuff they don't need.

Additionally, every dollar you pay to a financial planner is one less dollar you will have to save and invest for your own future. And, sadly, most of these "financial experts" operate from a "one size fits all" plan that they outline to all their clients. Every person's financial situation is different --- but planners rarely pay attention to that.

There is no shortage of good books on personal finance in print. Buy one at Barnes & Noble. Read it, learn from it, and use that info to clean up your own financial problems. Or, if you are really flat broke and in a huge financial mess --- go to the library and check out Dave Ramsey's books on getting out of debt.

Be your own financial planner. That is the only way you will learn anything worth knowing.

June 24 2014 at 5:10 PM Report abuse rate up rate down Reply
jpfmtka

Wow, it took a financial planner to share these ideas? Some are completely useless (buying yourself a gift card and "treating" yourself). The rest is plain old common sense. Geez, who writes these articles or, even still, who is their target audience?

June 24 2014 at 2:08 PM Report abuse +1 rate up rate down Reply