Videos Scott Pape’s tips on choosing a financial adviser Transcript 0:01 [Scott Pape, The Barefoot Investor]: You know it can be really hard when you first go and see a financial adviser to actually Admin 3 years ago 2 min read https://www.youtube.com/watch?v=J0Q8xohiVhc Transcript 0:01 [Scott Pape, The Barefoot Investor]: You know it can be really hard when you first go and see a financial adviser to actually 0:04 know whether that person is giving you good financial advice because if you’ve never done 0:08 it before how do you know? 0:10 Do you judge them on the coffee? 0:11 On the way they greet you? 0:13 On the way they look? 0:14 Well my number one tip is to empower yourself to ask good questions. 0:20 It’s just like being on a first date – You want to know, what is the motivation of this 0:24 person that I’m sitting down with? 0:26 So you want to ask really simple questions. 0:29 How much are you getting paid? 0:30 How do you get paid? 0:32 How does what you get paid influence the advice that you give me? 0:37 What’s the worst that could go wrong? 0:39 You want to ask those questions, have the courage to ask those questions and then listen 0:44 and preferably write down their answers. 0:47 And then the other tip that I would give is don’t just have one date. 0:50 Because if you only ever have one date in your life, how do you know that this person’s 0:53 the right one for you? 0:54 So my suggestion would be always have two or three dates, ask the same questions, write 1:00 them down, then you have a basis for understanding which person is gonna suit your best needs. 1:06 [Closing Title]: ASIC’s MoneySmart – Financial guidance you can trust Continue Reading Previous: Financial capability workers share budgeting and saving tipsNext: Gilbert Finance – Advice on what is a Good Accountant Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Related Stories Top Ten Tips for Organizing Your Finances and Paying Bills | Clutter Video Tip 6 min read Videos Top Ten Tips for Organizing Your Finances and Paying Bills | Clutter Video Tip Admin 3 years ago How to Make Financial Decisions Like A Minimalist 3 min read Videos How to Make Financial Decisions Like A Minimalist Admin 3 years ago The 11 Best Tips For Buying Your First Investment Property 11 min read Videos The 11 Best Tips For Buying Your First Investment Property Admin 3 years ago Finance & Investment Tips : How to Qualify for a Traditional IRA? 1 min read Videos Finance & Investment Tips : How to Qualify for a Traditional IRA? Admin 3 years ago The Ladder of Wealth: How to Climb Your Way to Financial Independence 12 min read Videos The Ladder of Wealth: How to Climb Your Way to Financial Independence Admin 3 years ago Gilbert Finance – Advice on what is a Good Accountant 2 min read Videos Gilbert Finance – Advice on what is a Good Accountant Admin 3 years ago
