I read about this articles on The Star Online today. I believe there are quite a number of people out there who are 'financial phobia' :) Well, people who had sweats all over when talk about money managing.
What the writer said is very true. Everyone must devote some time to manage our financial matter rather than to avoid it. After all, it is our responsibility to do so. We cannot expect our spouse or another family member to manage our finances for us. We must learn to take up the responsibility.
This article leads me to wonder whether you hired a personal financial adviser or consultant to manage your financial matter. Personally, I did not hire a personal financial adviser or consultant to take care of my financial matter, but I do invest with unit trust consultants. Why I didn't hire one? Because I think, at the moment, I still can manage my finances on my own. Even if I hire a personal financial consultant in the future, I still think I will not let him take full charge of my financial matter. I will prefer to get some advice and at the same time learn from him on how to better manage my finances rather than let him manage my finances. Why? Because I strongly believe that I myself know my financial situation better. And I cannot rely on him 100% because he has to take care of his other clients too.
So, do you hire a personal financial adviser or financial consultant consultant to help out with your financial matter?
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