{"id":53302,"date":"2024-04-03T16:03:00","date_gmt":"2024-04-03T20:03:00","guid":{"rendered":"https:\/\/www.iwillteachyoutoberich.com\/?p=38829"},"modified":"2025-04-03T19:31:25","modified_gmt":"2025-04-03T23:31:25","slug":"do-you-need-a-financial-advisor","status":"publish","type":"post","link":"https:\/\/www.iwillteachyoutoberich.com\/do-you-need-a-financial-advisor\/","title":{"rendered":"Do I Need a Financial Advisor? (The ONLY Guide You Need!)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"53302\" class=\"elementor elementor-53302\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-609980e9 elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"609980e9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-23418a35\" data-id=\"23418a35\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7ed627e elementor-widget elementor-widget-text-editor\" data-id=\"7ed627e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If you don\u2019t have a degree in finance and you aren\u2019t a \u201cmath person,\u201d it\u2019s tempting to believe you need a financial advisor. After all, many people hire others to repair their cars, deliver food, and even mow their lawns.<\/p>\n<p>However, a financial advisor is unique because most people do not need one, and some financial advisors hide their fees. Read on to find out if you really need a financial advisor.<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:list --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57bc2ce elementor-widget elementor-widget-heading\" data-id=\"57bc2ce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Who Should Use a Financial Advisor?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d5d0ad0 elementor-widget elementor-widget-image\" data-id=\"d5d0ad0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"598\" height=\"597\" src=\"https:\/\/www.iwillteachyoutoberich.com\/wp-content\/uploads\/2023\/12\/Screen-Shot-2021-07-01-at-11.15.10-AM.png\" class=\"attachment-large size-large wp-image-95903\" alt=\"\" srcset=\"https:\/\/www.iwillteachyoutoberich.com\/wp-content\/uploads\/2023\/12\/Screen-Shot-2021-07-01-at-11.15.10-AM.png 598w, https:\/\/www.iwillteachyoutoberich.com\/wp-content\/uploads\/2023\/12\/Screen-Shot-2021-07-01-at-11.15.10-AM-300x300.png 300w, https:\/\/www.iwillteachyoutoberich.com\/wp-content\/uploads\/2023\/12\/Screen-Shot-2021-07-01-at-11.15.10-AM-150x150.png 150w\" sizes=\"(max-width: 598px) 100vw, 598px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7f6c92a8 elementor-widget elementor-widget-text-editor\" data-id=\"7f6c92a8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<!-- wp:paragraph --><!-- \/wp:list --><!-- wp:heading --><!-- \/wp:heading --><!-- wp:image {\"align\":\"center\",\"id\":38830,\"sizeSlug\":\"large\",\"linkDestination\":\"custom\"} --><!-- \/wp:image --><!-- wp:spacer {\"height\":\"55px\"} --><!-- \/wp:spacer --><!-- wp:paragraph -->\n<p><span style=\"font-weight: 400;\">If you don\u2019t fit these criteria, you probably don\u2019t need an advisor! Money can seem intimidating, which is why I wrote <\/span><a href=\"https:\/\/bookshop.org\/books\/i-will-teach-you-to-be-rich-second-edition-no-guilt-no-excuses-no-bs-just-a-6-week-program-that-works\/9781523505746\"><span style=\"font-weight: 400;\">my book<\/span><\/a><span style=\"font-weight: 400;\">. Here\u2019s an excerpt:<\/span><\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph -->\n<p><span style=\"font-weight: 400;\">Some of you might say, \u201cBut, Ramit, I don\u2019t have time to invest! Why can\u2019t I just use a financial advisor?\u201d Ah, yes, the old outsourcing argument. We outsource our car cleaning, laundry, and housekeeping. So why not the management of our money?<\/span><\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph -->\n<p><span style=\"font-weight: 400;\">Most people don\u2019t need a financial advisor. We have such simple needs that with a little bit of time (a few hours a week for, say, six weeks), we can get an <\/span><a href=\"https:\/\/www.iwillteachyoutoberich.com\/the-psychology-of-automation-building-a-bulletproof-personal-finance-system\/\"><span style=\"font-weight: 400;\">automatic personal finance infrastructure<\/span><\/a><span style=\"font-weight: 400;\"> working for us.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><b>In my<\/b> <a href=\"https:\/\/finance.yahoo.com\/news\/want-see-huge-changes-bank-113000525.html\"><b>interview with Yahoo! Finance,<\/b><\/a><b> I talked about some simple steps you can take to get you on the path of financial success instead of using a financial advisor to make more money<\/b><span style=\"font-weight: 400;\">. <\/span><\/p>\n<!-- \/wp:paragraph --><!-- wp:shortcode --><!-- \/wp:shortcode --><!-- wp:paragraph --><!-- \/wp:list --><!-- wp:heading --><!-- \/wp:embed --><!-- wp:heading --><!-- \/wp:paragraph --><!-- wp:block {\"ref\":38252} \/-->\n<div style=\"all: initial;\">\n<div style=\"position: fixed; z-index: 2147483647; inset: 16px; pointer-events: none; font-family: sans-serif;\">\u00a0<\/div>\n<\/div>\n<div style=\"all: initial;\">\n<div style=\"position: fixed; z-index: 2147483647; inset: 16px; pointer-events: none; font-family: sans-serif;\">\u00a0<\/div>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d468c9e elementor-widget elementor-widget-image\" data-id=\"d468c9e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"240\" height=\"300\" src=\"https:\/\/www.iwillteachyoutoberich.com\/wp-content\/uploads\/2023\/12\/IMG_3677-240x300.jpg\" class=\"attachment-medium size-medium wp-image-95974\" alt=\"\" srcset=\"https:\/\/www.iwillteachyoutoberich.com\/wp-content\/uploads\/2023\/12\/IMG_3677-240x300.jpg 240w, https:\/\/www.iwillteachyoutoberich.com\/wp-content\/uploads\/2023\/12\/IMG_3677-820x1024.jpg 820w, https:\/\/www.iwillteachyoutoberich.com\/wp-content\/uploads\/2023\/12\/IMG_3677-768x960.jpg 768w, https:\/\/www.iwillteachyoutoberich.com\/wp-content\/uploads\/2023\/12\/IMG_3677.jpg 1179w\" sizes=\"(max-width: 240px) 100vw, 240px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a52611b elementor-widget elementor-widget-text-editor\" data-id=\"a52611b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Plus, many financial advisors don\u2019t always look out for your interests. They\u2019re supposed to help you make the right decisions about your money, but keep in mind that they\u2019re actually not obligated to do what\u2019s best for you. Some of them will give you excellent advice, but many of them are pretty useless. If they\u2019re paid on commission, they usually will direct you to expensive, bloated funds to earn their commissions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But there are a few key reasons you might want a financial advisor:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Advisors can be helpful if you have a large portfolio or an especially complex situation. Sometimes, you might simply want a second set of eyes on your plan (I recently hired an advisor for this reason).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You want a temporary second set of eyes on a time-sensitive situation like paying for kids\u2019 college tuition, social security withdrawals, or ensuring you can afford a house.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You want a behavioral coach because you\u2019ve found that you\u2019re too nervous when the market drops or scared to invest.\u00a0<\/span><\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31c0d97 elementor-widget elementor-widget-heading\" data-id=\"31c0d97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Types of Financial Advisors<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-beecd24 elementor-widget elementor-widget-text-editor\" data-id=\"beecd24\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">To simplify, there are two:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Commission-based advisors. These are salespeople. Avoid them. They will use terms like \u201cAUM\u201d (assets under management, which is a percentage of your assets). There is no reason to pay a percentage of your assets to someone for advice. You will get no performance increase from paying a percentage of your assets, as I outline in Chapter 6 of my book.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fee-only advisors. These advisors charge an hourly or project-based fee. You can find them through the National Association of Personal Financial Advisors (<\/span><a href=\"https:\/\/www.napfa.org\/\"><span style=\"font-weight: 400;\">napfa.org<\/span><\/a><span style=\"font-weight: 400;\">).<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Remember that you should ask them if they are a fiduciary, meaning they are legally required to put your best interests first (it\u2019s crazy you even have to ask this). Also, remember to beware of the human tendency to be happier paying tons of invisible fees instead of a transparent, upfront fee.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A big net worth doesn\u2019t mean all your money problems disappear. In <\/span><a href=\"https:\/\/www.iwillteachyoutoberich.com\/79-kirsten-jon\/\"><span style=\"font-weight: 400;\">episode 79 of my podcast<\/span><\/a><span style=\"font-weight: 400;\">, I spoke with a couple well on their way to becoming millionaires. But they find themselves in an ongoing debate that\u2019s causing issues.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f60b264 elementor-widget elementor-widget-video\" data-id=\"f60b264\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/mtgquMUfxfU&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-559c2ef elementor-widget elementor-widget-heading\" data-id=\"559c2ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to Choose a Financial Advisor<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce5a36a elementor-widget elementor-widget-text-editor\" data-id=\"ce5a36a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><!-- \/wp:heading --><!-- wp:paragraph --><\/p>\n<p><span style=\"font-weight: 400;\">If you really want to look into hiring a financial advisor, start by searching <\/span><a href=\"http:\/\/www.napfa.org\/\"><span style=\"font-weight: 400;\">http:\/\/www.napfa.org<\/span><\/a><span style=\"font-weight: 400;\">. You\u2019re looking for a fee-only financial advisor (not one who charges AUM).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here\u2019s an introductory email you can adapt and send:<\/span><\/p>\n<p>Hi Mike,<\/p>\n<p>I\u2019m looking for a fee-only financial planner, and I found you on napfa.org. A little bit about me: I have about $10,000 in total assets\u2014$3,000 in a Roth IRA (uninvested), $3,000 in a 401(k), and $4,000 in cash. I\u2019m looking for investments that will maximize long-term returns while minimizing costs.<\/p>\n<p>If you think you can help me, I\u2019d like to meet for half an hour and ask you some specific questions. I\u2019d also like to hear how you\u2019ve worked with similar people with similar goals. Would next Friday, 2\/6, at 2 p.m. work? Alternatively, Monday, 2\/9, is wide open for me.<\/p>\n<p>Thanks!<\/p>\n<p><span style=\"font-weight: 400;\">Remember, get a \u201cfee-only\u201d advisor. This means you\u2019ll pay them an hourly or project rate, NOT a percentage of your assets.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You should reach out to at least 10 and set up calls with 5. You\u2019ll quickly be able to tell who is a good match for you. I\u2019ve found that about 30% don\u2019t respond to inquiries, 50% just aren\u2019t a fit (haven\u2019t worked with people in my situation, are too technical, or are condescending), and about 10-20% are possible options. By speaking to at least 5, it becomes very obvious who is the best fit for you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Be sure to interview them using the questions in <\/span><a href=\"https:\/\/bookshop.org\/books\/i-will-teach-you-to-be-rich-second-edition-no-guilt-no-excuses-no-bs-just-a-6-week-program-that-works\/9781523505746\"><span style=\"font-weight: 400;\">my book<\/span><\/a><span style=\"font-weight: 400;\"> on page 201.<\/span><\/p>\n<p><!-- \/wp:paragraph --><!-- wp:spacer {\"height\":\"20px\"} --><\/p>\n<p><!-- \/wp:spacer --><!-- wp:quote {\"className\":\"is-style-large\"} --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd08ecd elementor-widget elementor-widget-heading\" data-id=\"dd08ecd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why Commission-Based Financial Advisors Are Not Worth It<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f619f1a elementor-widget elementor-widget-text-editor\" data-id=\"f619f1a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Impact of fees:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re investing <\/span><b>$10,000<\/b><span style=\"font-weight: 400;\"> per year for <\/span><b>40<\/b><span style=\"font-weight: 400;\"> years, a commission-based financial advisor could cost you <\/span><b>$439,386.20<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re investing <\/span><b>$25,000<\/b><span style=\"font-weight: 400;\"> per year for <\/span><b>40 years<\/b><span style=\"font-weight: 400;\">, a commission-based financial advisor could cost you over <\/span><b>$1 million.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">A 1% fee can reduce your returns by 28%\u2014and that money goes straight into a commission-based advisor\u2019s pocket!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">I have no problem paying premium prices for great value. But, <\/span><b>as I spoke about in <\/b><a href=\"https:\/\/www.youtube.com\/watch?v=ia0zT8IKz1I\"><b>my interview with <\/b><b><i>Fortune Magazine<\/i><\/b><\/a><b>,<\/b><span style=\"font-weight: 400;\"> there is no reason to pay a percentage of your assets to an advisor. Ever.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-796519f elementor-widget elementor-widget-video\" data-id=\"796519f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/ia0zT8IKz1I?t=1420&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee50187 elementor-widget elementor-widget-heading\" data-id=\"ee50187\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why You Probably Don't Need a Financial Advisor<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f849d0d elementor-widget elementor-widget-text-editor\" data-id=\"f849d0d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Remember, the <\/span><a href=\"https:\/\/www.iwillteachyoutoberich.com\/how-to-live-a-rich-life\/\"><span style=\"font-weight: 400;\">IWT philosophy<\/span><\/a><span style=\"font-weight: 400;\"> is to take control of your money. This isn\u2019t the same as hiring someone to mow your lawn or change your oil.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The key takeaway is that most people don\u2019t actually need a financial advisor; you can do it all on your own and come out ahead. But if your choice is between hiring a financial advisor or not investing at all, then sure, hire one. People with really complex financial situations, those who have inherited or accumulated substantial amounts of money (i.e., over $1 million), and those who are <\/span><i><span style=\"font-weight: 400;\">truly <\/span><\/i><span style=\"font-weight: 400;\">too busy to learn about investing for themselves should consider seeking an advisor\u2019s help. It\u2019s better to pay a little and <\/span><a href=\"https:\/\/www.iwillteachyoutoberich.com\/online-investing\/\"><span style=\"font-weight: 400;\">get started investing<\/span><\/a><span style=\"font-weight: 400;\"> than to not start at all.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But remember, many people use financial advisors as a crutch and end up paying tens of thousands of dollars over their lifetime, simply because they didn\u2019t spend a few hours <\/span><a href=\"https:\/\/www.iwillteachyoutoberich.com\/investing-for-beginners\/\"><span style=\"font-weight: 400;\">learning about investing<\/span><\/a><span style=\"font-weight: 400;\">. If you don\u2019t learn to <\/span><a href=\"https:\/\/www.iwillteachyoutoberich.com\/the-ultimate-guide-to-personal-finance\/\"><span style=\"font-weight: 400;\">manage your money<\/span><\/a><span style=\"font-weight: 400;\"> in your twenties, you\u2019ll cost yourself a ton one way or another\u2014whether you do nothing or pay someone exorbitant fees to \u201cmanage\u201d your money.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Money is a small but important part of a Rich Life. Most of us don\u2019t need to delegate the critical things in life.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b2838da elementor-widget elementor-widget-heading\" data-id=\"b2838da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-large\">Do you want to get rid of your financial advisor but just don't know how to do it? <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-503ceac elementor-widget elementor-widget-text-editor\" data-id=\"503ceac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Then definitely check out this second episode\u2014I&#8217;ll tell you EXACTLY how I&#8217;d fire your financial advisor.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a47e03d elementor-widget elementor-widget-video\" data-id=\"a47e03d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/www.youtube.com\\\/watch?v=cCj--DFOn2I&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60b378b elementor-widget elementor-widget-text-editor\" data-id=\"60b378b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\" style=\"text-align: center;\"><em>\u201cOur financial advisor almost cost us $800k. How do we fire them?\u201d<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8b1f17b elementor-widget elementor-widget-heading\" data-id=\"8b1f17b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently Asked Questions:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-02879ba elementor-widget elementor-widget-heading\" data-id=\"02879ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Do banks offer free financial advice?\u00a0<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a6a03a elementor-widget elementor-widget-text-editor\" data-id=\"2a6a03a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Your bank is a great resource if you want free financial advice. From programs that help you build a budget to resources that can help you <\/span><a href=\"https:\/\/www.iwillteachyoutoberich.com\/how-to-get-scholarships\/\"><span style=\"font-weight: 400;\">pay for college<\/span><\/a><span style=\"font-weight: 400;\"> or refinance<\/span><a href=\"https:\/\/www.iwillteachyoutoberich.com\/refinance-home-mortgage\/\"><span style=\"font-weight: 400;\"> your home<\/span><\/a><span style=\"font-weight: 400;\">, your banker will be able to guide you in getting the most from your money.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-feb098f elementor-widget elementor-widget-heading\" data-id=\"feb098f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Do I need a financial advisor to invest?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ffd276 elementor-widget elementor-widget-text-editor\" data-id=\"2ffd276\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Financial advisors have a broad range of knowledge and skills that can help with creating a financial plan. If you are well-versed in financial knowledge and investing and are just looking to grow your wealth, you may not need a financial advisor. On the other hand, if you are not confident in investing money or understanding the financial markets, then a financial advisor could be worth it. Just make sure to diligently do your research before handing out a chunk of your hard-earned money to financial advisors.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a999ee8 elementor-widget elementor-widget-heading\" data-id=\"a999ee8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-xl\">The world wants you to be vanilla...<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9972041 elementor-widget elementor-widget-text-editor\" data-id=\"9972041\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">\u2026but you don\u2019t have to take the same path as everyone else. How would it look if you designed a Rich Life on your own terms? Take our quiz and find out: <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-796e80f elementor-widget elementor-widget-button\" data-id=\"796e80f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.iwillteachyoutoberich.com\/rich-life-quiz\/%20\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Take the Quiz<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>If you don\u2019t have a degree in finance and you aren\u2019t a \u201cmath person,\u201d it\u2019s tempting to believe you need a financial advisor. After all, many people hire others to repair their cars, deliver food, and even mow their lawns. However, a financial advisor is unique because most people do not need one, and some [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":94073,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","om_disable_all_campaigns":false,"_lmt_disableupdate":"no","_lmt_disable":"","_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[160],"class_list":["post-53302","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-finance"],"acf":[],"aioseo_notices":[],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/posts\/53302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/comments?post=53302"}],"version-history":[{"count":0,"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/posts\/53302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/media\/94073"}],"wp:attachment":[{"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/media?parent=53302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/categories?post=53302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}