Things Nobody Told You About When Choosing a Financial Mentor
Mentor (n): A mentor is a wise or trusted adviser or guide. Someone who is able to guide another with less experience or expertise.
We all have mentors in our life. Our parents. Our friends. Our significant others. People who answer our questions, unravel life\’s mysteries and, ultimately, set our feet on the path to success.
We never outgrow our need for a mentor this is true. What happens though is as we mature our mentors are required to take on different characteristics. We began life with someone to show us how to walk, talk, dress and behave. Later on, we turned to a mentor who could show us how to reach our career goals and then turn our earnings into a secure future for ourselves and our families. They led us along life\’s road to finally reach our goals and the life we wanted to live. They taught us how to achieve the financial goals and security we always imagined would be ours.
Financial Mentors are a Dime a Dozen
Many times during the year I get together with fellow freelancers who have kissed the corporate world goodbye. It is a source of constant amazement to me that so many of these people now focus on helping others reach their goal of a secure financial future.
The fact is there are a bunch of financial advisors out there yours for the taking. They are everywhere: On the net, the phone book even knocking on your door. They\’ll even corner you on the street if you are walking slowly enough.
All these folks will tell you that they are financial advisors. This doesn\’t make them good ones and certainly doesn\’t mean that they have the right experience behind them to help you out.
Want to know something else I\’ve learned in my years of freelancing? Anyone can say they\’re a mentor. Or a consultant. Or whatever. Once upon a time, consultants had to have a solid background in their field before they could hang out a shingle. Thanks to the Internet, all they have to do these days is add the word consultant to the end of their name and boom! Instant consultant in a box.
Selecting the Financial Mentor that will do you Good
You may have already come to the conclusion that the consultant advising the Fortune 500 CEO in the building next to you may not be the right mentor for you. That financial person is so geared to dealing with people in such a different investment league than your own, he will not have the background best suited to your financial needs.
You need someone on your side that is willing, able and experienced with individuals such as yourself, people beginning their career who need a strong hand to guide them – a strong hand from someone who has been down that road themselves. An advisor who can give you more than book theory on how to get you where you want to be in 35 or 40 years.
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Category: Finances
Keywords: compound stock earnings,stocks,stock trading,investing,investment,personal finance,finance,money