Re: Do you understand your personal finances?
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Curious to see what people say as in the finance forum alot of people's parents and friends dont know and dont care about their money positioning at all.
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Are these people's friends dim? I don't think I know anyone who doesn't.
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I meant that they have them stashed in some fidelity retirement fund recommended by some financial advisor. The thing is they place blind trust in that person and dont want to be bothered to understand or double check the allocation.
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how many people you know have skills, smarts, and time to double check the expert they hired to do professional work for them?
Do you do this for lawyers? Acc'ts? Dentists?
As always, the key is to hire the right person, use recommendations, referrals, etc.
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