Why do I need a financial advisor?
One of the common questions I was asked is to the one above. Not everyone needs a financial advisor but most people would want one if there can be value. Value to bring you limitless possibilities to design your life the way you want it.
1) I cannot see my own blindspots.
We always see what we know and plan ahead. But there are blind spots that are not within our experience to notice or look out for. Having a 3rd party see your blindspots allows for awareness and reduction of blindspots and risks.
2) We help you be your gatekeepers.
When we are emotionally charged up due to fear or greed or just affected by life, we tend to make the easiest decision which most of the time is not the wisest one. We help you to make decisions in your favour and not just take instructions.
3) We stretch your financial imagination.
When you plan on your own, you limit yourself to what you can see. When you plan with an advisor, often, you stretch your financial imagination beyond what you can even imagine. As iron sharpens iron, so does one man sharpen another.
4) We help to put things in perspective.
When we are in our own world, we seem to be struggling in many areas of life, especially financially. But when we put things in perspective, we either have an awesome life or the small things do not matter that much.
5) We help you peer into someone else’s experience.
We learn from older folks who have gone through much of life and bring that experience into the lives of those we meet to learn from the wise and learned.
6) Wisdom of life that is not just found in money.
An experienced financial advisor does not just talk about the financial aspect but more importantly the family and emotional aspects that hold more weight in decision making.
7) Provide you insights.
Nuggets of insights brings the ability to marry money, values and emotion to bring together proper financial planning for a human being.
8) Gains you time and quality of life and not have to worry about money.
Money is probably the number 1 worry most people have in life. An experienced financial advisor minimizes the fear through prudent planning and allows you to focus on the important things that money can bring to life. Eg dignity, maturity, quality of life, stewardship.
Interview and speak with an experienced and trusted advisor to provide you some insights.