A financial advisor is a professional who helps you manage your money and make financial decisions. While you can certainly try to do this on your own, some signs indicate it might be time to seek out professional help. Here are 10 signs that you need a financial advisor.
- You Don’t Have a Budget
If you don’t have a budget, it’s time to seek out a financial advisor. A budget is a critical tool for managing your finances and making sure you’re on track to meet your financial goals. A financial advisor can help you create a budget that works for you and your unique financial situation.
- Constantly worrying about Money
If you find yourself constantly worrying about money, it’s a sign that you need help managing your finances. A financial advisor can help you get a handle on your finances and develop a plan to reduce your financial stress.
- Lot of Debt
If you have a lot of debt, it’s important to seek out help from a financial advisor. A financial advisor can help you develop a plan to pay off your debt and get your finances back on track.
- Emergency Fund
If you don’t have an emergency fund, it’s time to seek out a financial advisor. An emergency fund is a critical tool for protecting your finances in the event of a financial emergency. A financial advisor can help you create an emergency fund and make sure it’s properly funded.
- Not Saving for Retirement
If you’re not saving for retirement, it’s time to seek out a financial advisor. Nathan Garries can help you develop a retirement savings plan that fits your unique needs and goals.
- Understand Your Investments
If you don’t understand your investments, it’s time to seek out a financial advisor. A financial advisor can help you understand your investment options and make sure your investment portfolio is properly diversified.
- Not Making Progress toward Your Financial Goals
If you’re not making progress toward your financial goals, it’s time to seek out a financial advisor. A financial advisor can help you develop a plan to reach your financial goals and make sure you’re on track.
- Experienced a Major Life Change
If you’ve experienced a major life change, it’s time to seek out a financial advisor. A financial advisor can help you navigate your new financial situation and make sure you’re on track to meet your financial goals.
- Getting Divorced
If you’re getting divorced, it’s time to seek out a financial advisor. A financial advisor can help you understand the financial implications of divorce and make sure you’re on track to meet your financial goals.
- Ready to retire
If you’re ready to retire, it’s time to seek out a financial advisor. A financial advisor can help you develop a retirement plan that fits your unique needs and goals. For example, if you’re looking to retire at age 65, your financial advisor can help you determine how much money you’ll need to save each month to reach your retirement goals.
