Its a great adage and it works well -- but when you are working with your finances--- getting half there is equal to not getting started.
we all understand the basics of finance ( here's a related post)-- the most important thing is to get the financial plan executed-- if not you still have the same problems as before.
Heres where a financial planner gets very useful for lazy procaristinators like me. Once i have thought of something and discussed it with my FP--- he gets into action and he ensures the plan gets executed.
He calls me everyday to ensure i have done the work, comes to my home to get the papers and the cheques-- he is more of a friend than the neighbour who asks you to go for a drink!
There are of course some rules that you should follow when selecting the FP
1. Ensure there is a gain/ pain share
2. Understand what money he makes in what products-- being aware is important
3. Understand how well he is doing
4. He should have a passion for finance
Find one---
happy investing!
Related posts
Financial clutter
ten basics of financial good health
Portfolio Balancing
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