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Tuesday, August 23, 2011

Seeking Financial Advice in Today's Changing Time

In speaking with a young lady at the gym, she and her husband are working hard to save up for retirement.  Both do not have children.  Both are maxxing out their 401k.  Both are working jobs.  Both are concerned about what is evolving in the future.  She has even gone to great lengths to research banks, their rates, and other comparisons in a fancy and well-documented spreadsheet.  I was impressed because the bulk of women I meet are not as sophisticated in understanding their finances.  She simply was asking questions and trying to get some answers. 

Like her, many folks are seeking financial advice but not getting much of any relevant information from bankers, financial advisors or others. 

For military folks, you can contact OneSource for financial advice.  USAA offers financial advice on its member web site page. 

I am certain that there is a person who has the heart of a teacher and a passion for finance to talk to about this topic in your area.  Problem is seeking them out and feeling comfortable. After all, the three taboo topics are religion, politics and finances.  Breaking the silence and disclosing your financial situation is intimidating, but then again it can help you in ways you least expect. 

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