Making sure your financial planner is not just a bag handler …

Can you remember the last time you went on holiday and arrived at the airport ?

In some places, the concierge meet you at the airport working on your behalf, making you feel important, at ease, as if they care – OK, you may well have paid a little more for this service, but you feel comfortable that all of your luggage is being taken care of.  Those precious items, expensive perfume, gifts, expensive cases, what-ever, are being treated with care.  You will get to your destination, with the minimum of discomfort because everything is in line with your expectations and aims.  Admittedly, not many of us plan to have items smashed or broken in our luggage, but often it is not unexpected.  When you arrive at the hotel, the bags are taken our room, so that you can focus on enjoying a much looked forward to spell of relaxation and enjoyment, without the worry, or labour, of dealing with the luggage.  Magically, it all arrives in perfect working order, and you go about the business of the holiday – the whole thing we have been focussing on.

OR ….

You do it on a budget, saving yourself a few quid to DIY, or see what happens when you get there. Continue reading “Making sure your financial planner is not just a bag handler …”

Free Financial Advice is usually worth exactly what you paid for it. Here’s why

In the article, the journalist says “…free advice is usually worth exactly what you paid for it…”  which may not be necessarily so.

In financial planning, free advice (albeit sometimes well intended) can frequently take you further away from where you want to be, putting you in a more precarious or risky position than  you were before. Continue reading “Free Financial Advice is usually worth exactly what you paid for it. Here’s why”