“Who shall I listen to?”

advice-advice-advice

When earning a living, we have all these questions regarding what to do with money as you make it. And the reply to that is, be mindful of the advice one gives to you. Because in this society we have all these advisers financially, but few who actually know what they are talking about. And one big mistake at times is listening to the people around you. Your friends and family are not always the best candidates to go to for advice. They give you advice based on what they think they know about money. These are not the expert advisers when dealing with monetary concerns a lot of times.

don’t just hear what you want

In the event that you do get some good advice we as people have been known to not adhere because we want to hear the advice that we want to hear. Then the best thing is to not ask someone for their input. Because if what you wanted to hear was right then why are you reaching out for advice. The job of an adviser is not to align themselves with your thought process. Or nurture what you believe to be true with some sort of validation. They give it to you straight and it is what it is. And if you want that ego boost, then go to your family and friends. They will give you the seeds for ego growth.

beware of false prophets

Now, be cautious, everyone with a suit and a tie are not your friends. It’s like the old saying, “If it’s too good to be true, then usually it is.” They promise you all these hopes and dreams with these big pay outs, but then they are not telling you that this is just not how money is made. There is either some fraudulent scheme you’re in, or you’re going to lose your money in this big investment. So know what it is you’re doing because investing in these guys, an you’ll lose money faster than listening to friends and family.

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