hypatia said:About every 4 months I poke my head into the bank and check on things. I plan to work harder to keep everything in order. My Mother passed away last week, and my Bother joined her yesterday. My Mothers estate is well planned, no problems there. My Brothers is going to be a nightmare for his children. I don't want my family to go through all of that.
hypatia said:About every 4 months I poke my head into the bank and check on things. I plan to work harder to keep everything in order. My Mother passed away last week, and my Bother joined her yesterday. My Mothers estate is well planned, no problems there. My Brothers is going to be a nightmare for his children. I don't want my family to go through all of that.
Greg Bernhardt said:Just about every bank I know has online account access. I know how much I have just about every day. I rarely goto the physical bank anymore.
Moonbear said:Same here. Between online access and monthly bank statements, I have little reason to physically enter a bank. Though, I do live in a small enough town that the bank manager calls once a year just to check in and make sure all is okay, which is a nice touch. I only go in person if I want to change around accounts.
wolram said:How often do you get financial advice? i have reams and reams of paper work but have no idea how much money i have, the last time i went to the bank was about three years ago,
i guess i am stupid but i hate dealing with these things.
The frequency with which you should seek financial advice depends on your individual financial situation and goals. However, it is generally recommended to seek advice at least once a year or whenever there are major changes in your life, such as a new job or a significant change in income.
It is not necessary to pay for financial advice, as there are many free resources available such as financial planning websites and workshops. However, paying for financial advice can be beneficial as it provides personalized and tailored advice specific to your individual needs and goals.
To ensure that you are receiving unbiased financial advice, it is important to work with a Certified Financial Planner (CFP) who is held to a fiduciary standard, meaning they are legally obligated to act in your best interest. Additionally, it is important to ask questions and research the credentials and experience of your financial advisor.
The types of financial advice you should seek will depend on your individual financial goals and needs. However, some common types of financial advice include budgeting, saving for retirement, investing, and managing debt. It is important to work with a financial advisor who is knowledgeable in the areas that align with your goals.
Financial advice can benefit you in many ways, such as helping you create a personalized financial plan, providing strategies to reach your financial goals, and offering guidance on investments and managing your finances. Seeking financial advice can also provide peace of mind and help you make informed decisions about your money.