2. Financial ‘experts’ without any type of certification
Some people claiming to be financial experts have good advice. However, you should be leery of taking advice from anyone who is not certified or who hasn’t had any formal training. Books and seminars are not enough when it comes to giving solid money advice.
If you’re looking for advice on developing a comprehensive financial plan, you’ll want to start by seeking the services of a certified financial planner. The Certified Financial Planner Board of Standards has an online directory of certified planners. And if you’re in need of credit advice and help with debt management, a certified credit counselor can help steer you in the right direction. Check out the National Foundation for Credit Counseling website for more information on how to find a counselor.