Where can I find a good financial planner?
2006-06-12 13:43:59 · 8 answers · asked by amcnairfew 1 in Business & Finance ➔ Personal Finance
I would say go to one or some of your local financial institutions and interview them, because afterall, they will be working for you, and SAVE, SAVE, SAVE..make cutbacks and sacrfices WHEREVER you can
2006-06-12 13:46:42 · answer #1 · answered by cherripye99 2 · 6⤊ 0⤋
It depends on what you mean by "torn up".
If you mean you're broke and can't seem to save money, then try opening a savings account. If your job offers Direct Deposit, send some of EVERY paycheck to the savings and DON"T TOUCH IT. You'll be surprised how much you have next time you go look at it.
If you mean that you're in debt over your head and can't keep food on the table, you need to get help, and quick. Credit counseling services are decent, but do your research. Don't ever pay them for the services. They get most of their money from the creditors they deal with, and should not be charging you. Getting a consolidation loan might be an option, depending on your situation and what kind of collateral you can put up (house, car, etc). Ask around, generally credit unions tend to be a bit more forgiving with their lending practices than conventional, national banks.
If your credit's a mess, you need to start by getting a copy of your credit report from ALL 3 credit bureaus. TransUnion, Equifax, and Experian all track your credit, and will sometimes have conflicting information. DO NOT PAY for your copies, the law allows you to recieve one FREE copy each year from each bureau. Once you get your credit report, review it and see where the red flags are. Any items that have been reported as a collection company or a judgement need to be taken care of FIRST. Keep your minimum payments up on all your other stuff, but clear that bad stuff ASAP. It will likely involve a LOT of legwork from you, making phone calls and getting letters from the places you've paid off. It's hard work, but will pay off HUGE later (mortgage lenders LOVE to see cleaned up credit, it means you're determined).
If you're concerned about retirement and investing for the future, I would suggest talking to an investment specialist.
2006-06-12 23:50:22 · answer #2 · answered by Labwench 1 · 0⤊ 0⤋
Poor financial health is the plague of the 21st century. Why? Because NOT ONE of us were ever taught in school how to effectively manage our money, or our time! This has caused snowballing debt, bankruptcies, business failures, divorces in record numbers and it has destroyed the retirement dreams of millions.
The Cure:
The Financial Freedom Society.
The Society's mission is to help eliminate those social diseases by providing affordable training, monthly coaching, and professional services and tools to the masses.
Find out more and get the FREE report
called "The Financial Freedom Formula"
at: http://your.ffsi.com/59173
2006-06-12 21:10:27 · answer #3 · answered by Darren J Smalley 2 · 0⤊ 0⤋
I would suggest reading Dave Ramsey's book "The Total Money Makeover" the plan is simple- but it works. See if your local library has it.
2006-06-12 20:47:36 · answer #4 · answered by Anonymous · 0⤊ 0⤋
you don't need a financial planner. You need a banckruptcy lawyer.
2006-06-12 20:46:07 · answer #5 · answered by Irish 7 · 0⤊ 0⤋
Claim bankruptcy
2006-06-12 20:46:27 · answer #6 · answered by Blue EyEs 2 · 0⤊ 0⤋
Sounds like you need a credit counselor
2006-06-12 20:45:46 · answer #7 · answered by sunflowers 4 · 0⤊ 0⤋
Resist listening to any EASY advice!!!!!!
Go here and simply listen to the radio..............follow the plan and you'll be fine in a few years.
http://www.daveramsey.com/
2006-06-12 20:48:52 · answer #8 · answered by TeaSwami 4 · 0⤊ 0⤋
your mum, mine is fab!!!!
2006-06-12 20:46:27 · answer #9 · answered by charlotte 2 · 0⤊ 0⤋