Monday, 28 June 2010

The value of advice

So you think good advice is picking good investments? Or that you need 'a lot' of money to bother seeking finacial advice.

The true value of advice lies elsewhere. Put simply, the value of advice lies in working with a planner to formulate a strategy, and then following through on the agreed steps to allow the strategy to work. In short, it is direction, and discipline.

Good advice is about giving you support and guidance on the best way to manage your current position to help you to achieve your long term goals. While investments play an important role, good advice also includes debt management, estate planning, salary planning, retirement planning and protecting you and your family from the finacial consequences of accidents and illness.

Most importantly, the value of advice is not limited to the wealthy. We all have the ability to build financial independence. Sometimes all it takes is a partnership with a skilled planner to help us reach our potential.

Good advice might just be your best investment after all.