Financial Advice - It’s not just for the Wealthy

Why is it that people with wealth will routinely seek out tax and financial advice while people living paycheck to paycheck don’t? Could it be pride that causes it? Could it be the perceived cost?

How many of us know someone who bought a house they could not afford, or a car that was beyond their financial reach? How many self-employed people have come up short when it’s time to pay their taxes because they failed to understand the economics of being self-employed, that is, the boss gets paid last.

Straight talk and sound advise about finances, income taxes, estate planning, and a host of related topics are not just for the wealthy. Today’s financial climate is complex. Today’s tax laws are complex. It’s hard to make a buck, let alone save one. There are basic principles that we should all follow in order to secure our financial future.

Seeking the help of a CPA or other qualified financial advisor is just plain smart. Don’t believe that seeking advice is only for the wealthy. It just could be that those who have wealth have learned that seeking advice is the best way to increase their wealth, or to keep from losing it.