I have never hired a financial planner and don't think I ever would. I'm pretty smart financially, and I also personally know many people I consider to be smart financially to whom I would turn for advice if I needed it.
One answer that I've come up with for the "Any questions" portion of the interview is to ask what are the goals a candidate could reasonably reach in the first 3, 6, 12 months to be considered successful. It's best to have 1 or 2 stock questions from your research throw out there to make it seem like you've done your homework.
My family has not been that "well off" to need an actual financial planner but with my husband and I have both recently changed career paths and with us both bring home way more money than before it is now something I have been considering so we don't have to worry about living paycheck to paycheck again in the future!
In our mid 50s and have been with first one and then the other about 20 yrs. our retirement accounts aren't in 7 figures yet, but we're close. Failure to plan = planning to fail and our planner keeps us on track. He reinforces what we know we have to do.
I have 2 financial planners. Both are a personal, one on one type guidance and advice managers. I pay a very small amount for their services and get many times more than that back. Plus, my peace of mind is priceless.
I have never officially hired a financial planner, but did talk to a friend who is a planner about what to do with a large sum of money I received - I needed advice in divvying it up between savings, investments and spending money.
Not yet - a planner would have to be much more informed than I am (and I'm no slouch thanks to all the resources we have like Wisebread and other great PF blogs) to earn my business. I'm not opposed to it, of course, I just think that it's really got to be worth our money!
I've used a financial advisor most of my adult life. I think having an expert in your corner is key to living the life you dream of.
My husband and I are in our late twenties and we want to reach all of our financial goals. We have big expectations for ourselves, such as: retiring without having to change our lifestyle, providing for our (future) child's college expenses, being able to give to charities that we're passionate about, and so much more. Without having someone knowledgeable on our side, it would be a lot harder to reach these goals.
I got a financial planner through my bank, when the market went down so bad in 2008 that I had to get my money out of the bank into something that yielded higher interest off of my money! A person does not get any interest through a bank anymore!
Yes! In fact, we are turning our entire backyard into an urban homestead, starting tonight. (We're going to map it out and make plans. This weekend--planting the cool-weather crops!)
We'll be blogging about it intermittently if anyone is interested.
I will say that growing your own food is not necessarily the most frugal move in the world unless you are on the 5+ year plan. (There are a lot of initial costs that add up.) However, we are hoping to scale it up and reduce our grocery costs eventually. Plus the food tastes so much better!
Excellent points and it underlines that you dont need to make huge chenges to make your money work for you AND make your money work more effectively.
It is simply a question of reviewing your finances and calculating what works best. Keep it simple, none of the above finance techniques require you to have accountant level knowledge. The key thing is to watch the investment fees, catchy interest rates can overshadow those costs sometimes.
No, we live in an apartment so don't have room for a full garden. However we have some herbs like basil in our window - we love adding those to sauces for a fresh garnish. Hopefully our next move will allow us to grow some food!
I have a financial advisor that I use to manage a portfolio I inherited from my father. He knows what he is talking about since I am still learning.
I haven't, but I wonder if I don't need one, since my company doesn't offer any retirement programs.
I have not had a financial planner.
No I've never hired a financial planner
I have never hired a financial planner and don't think I ever would. I'm pretty smart financially, and I also personally know many people I consider to be smart financially to whom I would turn for advice if I needed it.
One answer that I've come up with for the "Any questions" portion of the interview is to ask what are the goals a candidate could reasonably reach in the first 3, 6, 12 months to be considered successful. It's best to have 1 or 2 stock questions from your research throw out there to make it seem like you've done your homework.
My family has not been that "well off" to need an actual financial planner but with my husband and I have both recently changed career paths and with us both bring home way more money than before it is now something I have been considering so we don't have to worry about living paycheck to paycheck again in the future!
nope
In our mid 50s and have been with first one and then the other about 20 yrs. our retirement accounts aren't in 7 figures yet, but we're close. Failure to plan = planning to fail and our planner keeps us on track. He reinforces what we know we have to do.
Nope, never had enough money so far in life to justify hiring someone. Maybe once we are debt-free!
I have 2 financial planners. Both are a personal, one on one type guidance and advice managers. I pay a very small amount for their services and get many times more than that back. Plus, my peace of mind is priceless.
I have never officially hired a financial planner, but did talk to a friend who is a planner about what to do with a large sum of money I received - I needed advice in divvying it up between savings, investments and spending money.
I've never hired a financial planner.
Not yet - a planner would have to be much more informed than I am (and I'm no slouch thanks to all the resources we have like Wisebread and other great PF blogs) to earn my business. I'm not opposed to it, of course, I just think that it's really got to be worth our money!
I've used a financial advisor most of my adult life. I think having an expert in your corner is key to living the life you dream of.
My husband and I are in our late twenties and we want to reach all of our financial goals. We have big expectations for ourselves, such as: retiring without having to change our lifestyle, providing for our (future) child's college expenses, being able to give to charities that we're passionate about, and so much more. Without having someone knowledgeable on our side, it would be a lot harder to reach these goals.
I got a financial planner through my bank, when the market went down so bad in 2008 that I had to get my money out of the bank into something that yielded higher interest off of my money! A person does not get any interest through a bank anymore!
I've never hired a financial planner but I would consider it if I had a big financial change.
I've personally never felt the need to hire one, but I'm also a geek when it comes to investing and money management.
No, I have not hired one before.
I have never hired a financial planner and I don't think I would hire one
Yes! In fact, we are turning our entire backyard into an urban homestead, starting tonight. (We're going to map it out and make plans. This weekend--planting the cool-weather crops!)
We'll be blogging about it intermittently if anyone is interested.
I will say that growing your own food is not necessarily the most frugal move in the world unless you are on the 5+ year plan. (There are a lot of initial costs that add up.) However, we are hoping to scale it up and reduce our grocery costs eventually. Plus the food tastes so much better!
Excellent points and it underlines that you dont need to make huge chenges to make your money work for you AND make your money work more effectively.
It is simply a question of reviewing your finances and calculating what works best. Keep it simple, none of the above finance techniques require you to have accountant level knowledge. The key thing is to watch the investment fees, catchy interest rates can overshadow those costs sometimes.
We usually grow tomatoes and basil/thyme during the summer in a small garden
I don't have a vegetable garden
No, we live in an apartment so don't have room for a full garden. However we have some herbs like basil in our window - we love adding those to sauces for a fresh garnish. Hopefully our next move will allow us to grow some food!