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Finding free financial advice is the first step in acquiring reliable financial advise. While not all free financial advice is reliable, some of it may be more reliable than costly financial advice and good free financial advice that is also reliable will assist in knowing the difference. This article will discuss some of the sources for free financial advise and then expand upon how to go about discerning the reliability of that advice. Moreover, section one will provide some sources of free financial advice, and section two will outline some ways in which the reliability of that advice may be determined.
SECTION I: SOURCES OF FREE FINANCIAL ADVICE
*Banking Service Providers:
Many banks offer free financial planning assistance as a complimentary service to holding an account and utilizing other banking services with that financial institution. The financial planning advice may vary from institution to institutions and there may be an element of cross selling involved. Nevertheless, if one is not obligated to purchase any additional products and services, the sessions offered may be both affordable and useful in managing and planning one’s financial future.
*Financial and Investment Seminars:
Many seminars are held at local hotels by investment gurus, and financial experts in various areas of finance. These seminars are often attended by financially minded people and can afford one the opportunity to learn new financial information, network, and become more engaged in the financial world. These seminars are often complimentary and may also attempt to sell financial and/or investment programs. As with the free financial planning offered by some banks, all one need do is be weary of the selling goals of the information providers and harvest the financial advice without worry.
*Family and Friends:
The more sources one obtains financial advice from the greater the chance one has to draw comparative conclusions, cross reference information for validity and gain multiple perspectives. If one’s friends and family are trained and/or knowledgeable in financial matters this can provide additional credibility to the financial information being received. As with all information, being aware of personal motives, misinformation and bad advice is always important whether the advice is free or not.
*The Internet and financial websites:
There are many resources on the internet containing free financial advice from trained and experienced professionals.hydraulic valve repair