It's Going To Be Fine In 09...If You Know What's Best For You!

You may think you know what's best for you; but, the question is, Do THEY?

(Do Financial Gurus Really Know What's Best for You?)

There's a lot of talk lately on the current financial situation and the economic ups and downs that come along with it. During times like these, many people turn to financial "gurus" to help them make sense (and cents!) of the situation.

But do the financial gurus really know what's best for you? The answer is yes - but only if you know where to look, and who to trust.

Because the fact is, the financial gurus who know what they're doing don't parade and promote themselves as "gurus". They simply work together with you to create a plan that makes sense, offer their recommendations and inform you of market trends and help you decide accordingly.

When plans like this work, people naturally proclaim that the person is a "guru" and he or she gets catapulted into near superstar-status. But the truth is, what it all comes down to is that these people have solid, reliable knowledge and are willing to share their insights to help you benefit and create a long-term financial plan you can live with.

Many financial gurus have written books or developed courses. If the advice you're getting, or the column you're reading makes sense and you agree with the "guru's" insights, it may be worth picking up their books or their course to learn more. Obviously you shouldn't have to spend your life savings to get straight-shooting financial advice, but at the same time, it pays to pay for good information.

The true financial experts likely draw from several financial areas to provide you with well-rounded advice. Avoid those who emphasize only one particular method for creating wealth (which is always their method!).

In addition, real financial "gurus" will give you straightforward steps to follow - not beat around the bush with theory and concepts. Be skeptical if all of the person's advice sounds repetitive and they throw in questionable or unethical methods under the guise of legitimate wealth. Some of the best advice in good old-fashioned saving will still ring true today.

Lastly, don't be afraid to check references. If all you've got are a few initials and a city name from a late-night infomercial, you have every right to be skeptical. Real financial experts won't be afraid to post testimonials with contact information where and when they can (keeping their clients' privacy in mind, of course!)

The fact is, the real professionals genuinely want you to get out of debt, pay off your credit cards, pay off your mortgage and enjoy a life free of financial worries - and they don't hesitate to offer you actionable steps to make that happen.

In the end, only you know what's best for your financial situation - but there's no reason not to have the help of a trusted, informed advisor to guide you. Learn from them and rely on their knowledge to help you make a more informed decision and then take the necessary steps to help yourself. That's the kind of good advice that costs you nothing but pays you back!

So, be careful about who you choose to listen to. As to whether or not they're telling the truth, I'll leave it up to you to decide.


The More You Know,

Judy O'