Hope for your financial life and beyond

What Does a Financial Advisor Do and Do I Need One?

Most likely you have run across someone in your circle of friends who is working with a financial advisor. This may have you thinking that you need to have one as well. It sounds like it might be a helpful step but you don’t really know the answer to the question, What does a financial advisor do for me?

what does a financial advisor doIt’s a great question. Before you hire professional services you need to know what they are all about. You need to understand if they can help with your specific need. You wouldn’t hire a tax professional to do your lawn care, right?

So I’ll help you with both questions today. Let’s tackle the What does a financial advisor do? question first.

What Does a Financial Advisor Do?

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How to Determine If People Really Want Help With Money

I’m totally into personal finance and love to help with money. I could teach the subject and shell out advice for hours. That’s why I love leading Financial Peace University classes so much. It satisfies my appetite.

But in everyday life I rarely get into conversations about money.

Why?

Because people rarely ask.

And even more rare are those times when I bring up the subject to someone else, even though I see bad personal finance decisions around me all the time.

help with moneyI’ve learned that when I initiate conversations about money it doesn’t go so well. People feel violated, like it’s an intrusion on their personal space. It’s like offering unsolicited advice on how to parent or what political party could best solve our problems. All three of those topics are an invasion into personal privacy and opinion, so it seems.

It’s a challenge to know when to jump on a person’s comments about their personal financial situation. If I’m in FPU class it’s no problem. The people there are motivated to change and I know they want my advice.

In normal everyday life it’s hard to tell if people are just whining or truly want help with money. Are they complaining and have no desire to change? Or are they throwing out innocuous comments to see if I’ll bite?

To help me in these situations, I’m working on a go-to list of statements and questions to determine a person’s intent. Each one can’t be used in every situation as they are tailored to certain types of statements. However, the responses from the individual tell me if they are willing to move the conversation along and if they really want help with money issues.

Do You Want Help With Money?

When people insinuate, complain about or make general statements about their financial life, interject these statements to find out how far they want to go:

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Blogging Mistakes I Made That You Can Avoid

I’ve been at this blogging gig for over two years now and boy, have I produced my share of small and whopping blogging mistakes. They weren’t all in the beginning either. I just made another one last month that has really got me frustrated.

blogging mistakesNone of these have or will cause me long-term damage. Most have just created more work for me. Some happened out of ignorance and some because I just wasn’t thinking.

The worst part is that all could have been avoided if I’d read more or asked for help. As I shared Monday, I’ve had a real problem with asking for help and am slowly learning to overcome it.

Common Blogging Mistakes to Avoid

Here is a list of blogging mistakes I’ve committed that you should avoid. If you are looking at starting a successful blog to make money or just to have fun, don’t fall into these traps.

Not understanding keywords

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I Need Help But Don’t Want to Ask

i need help“I can do it myself.” It’s a familiar refrain I often recite in my head. Even though it may seem obvious to everyone around me that I need help, I choose not to seek it. For some reason, my human nature resists reaching out and asking for assistance.

Why is that? What keeps me from admitting I need help? Why can’t I see the circumstances for what they are and then choose to rely on others to help me power through them?

Logically I should always ask for help when I need it. It would make my life run with greater efficiency and reduce much of the stress I place on myself. However, I’ve come to know this…I’m often an illogical person. I can rationalize away the greatest problem and convince myself I can handle it.

Sadly that’s a recipe for a stagnant life.

Why I Don’t Seek Help

From my life, I can quickly identify six reasons why I’ve refused to ask for help. What could you add to this list?

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