Who doesn’t want expert guidance on how to best manage their money? One of the biggest barriers to hiring a financial planner is the cost, but there are a handful of ways to get advice for free.

From occasional events that offer one-on-one meetings with a financial planner, to the individualized guidance offered by so-called robo-advisers, it’s possible to get at least some of your money questions answered by experts—at no cost to you.
There are caveats. Generally, if you’re not paying for it, you’re less likely to get the personalized attention and in-depth holistic planning that can be best for your long-term financial health.


Financial industry research firm, Cerulli Associates, conducted a study showing that as of the beginning of 2010, independent registered investment advisers tripled their assets under management to a collective $1.7 trillion during a single 10-year period. This has caused the biggest brokerage and investment advisory firms to take notice, even as their salaried advisers continue to manage some $13 trillion in client assets.

A 2010 survey by TD Ameritrade published in the Wall Street Journal found that investment advisory firms are seeing a major increase in assets, with 70 percent having experienced growth in the six months leading up to the report. The survey revealed that 64 percent of new inflows were coming at the expense of larger broker dealers, often referred to as wirehouses. Not surprisingly, the survey showed that 77% of investment advisers expressed a high degree of satisfaction with their career.
The industry as a whole has experienced explosive growth and, according to the U.S. Bureau of Labor Statistics, is expected to see a 30% increase in the number of jobs over the next eight years as investment markets become trickier to navigate and consumers look to professionals for help with managing their investment portfolios.

When Is It Time To Hire A Financial Advisor?

From time to time I get emails from readers who have realized that they need financial help that goes beyond reading blogs and books.
Some readers’ finances have suddenly grown more complicated, either as the result of a new job or an inheritance, while others simply want personalized advice that helps them increase their savings or pay down debt.

At the moment, running Money Under 30 takes up all of my time, so I’m not able to offer advisory services myself. If I were to start, I’d likely seek the professional credentials of a Certified Financial Planner (CFP).
After 10 years of writing on the subject, I consider myself well versed in personal finance, but I don’t have experience with individual counseling. That’s something to consider if you seek a financial advisor; it’s no different than seeing a doctor who may have 10 years of research and publishing experience but has never performed clinical exams.

10 Tips to Help You Get Approved for a Home Loan

So how do you get approved for a home loan? Mortgages can be complicated and confusing for many homebuyers. It doesn’t have it be. In this article we will simplify the process of getting a home loan. Compare Loan Offers from Multiple Lenders 

1. Get Your Credit Report and Scores for Free To get a home loan there are several factors that come into play, but your FICO score is the most important. You can check your credit report and get your scores online for free. Credit Karma has a great tool that allows you to view your credit history and gives you updated credit scores. You can also monitor you credit and get alerts whenever there are changes to your credit. 

2. Look for Errors on Your Credit Report You will want to review your credit closely for errors. Mistakes on credit reports is a bigger issue than you may realize. In a study by the FTC they found that 1 in 5 consumers had at least one error on their credit report. If you do find inaccuracies you can dispute them with the three major credit bureaus. They have 30 days to investigate your dispute, if they find that the item in question is inaccurate they will correct it.

74 Creative Ways to Save Money on a Tight Budget

There isn’t a person on this Earth who hasn’t thought, “I wish I could save more money.”
However, wanting to save money and learning how to save money are two very different things. Many of us want to have better financial habits and dream of long term wealth. Yet, those initial steps often stop us.

Saving money, it turns out, can be a challenge at first. But, that doesn’t mean it’s an impossible skill to learn. Once you learn how to save money, it gets addicting. You start to wonder how you can save in many different aspects of your life. You watch your savings accounts grow and then your savings enable you to pay off debt. Suddenly, after months and years of good savings habits, you find yourself with excess money that you can generously give to others and make the world a better place.

50 Personal Finance Tips That Will Change the Way You Think About Money

We’ve certainly amassed a wealth of knowledge over the years covering the money beat—be it the dozens of “I got out of debt” success stories we’ve featured to the scores of psychological studies we’ve covered linking better financial decision-making to behaviour change.
So given that it’s Financial Literacy Month, we’ve decided that there is no better time than now to round up our 50 top money tips into one juicy, super-helpful read. From the best ways to budget to how to boost your earning potential like a pro, these nuggets of financial wisdom are as fresh as the day they were published.

First Things First: A Few Financial Basics

1. Create a Financial Calendar

If you don’t trust yourself to remember to pay your quarterly taxes or periodically pull a credit report, think about setting appointment reminders for these important money to-dos in the same way that you would an annual doctor’s visit or car tune-up. A good place to start? Our ultimate financial calendar.

Tax Saving Tips To Improve Your Finances Considerably

Reducing tax amounts is not a distant dream but a very favorable reality. You just need to do a couple of things to witness considerable tax savings the coming year. Take a look at some tax saving tips from reputed financial advisor Justin Urbas.

Who does not love saving on taxes each year? As the financial year rolls on into tax filing time, many people are concerned if they can really save taxes. Reducing tax amounts is not a distant dream but a very favorable reality. You just need to do a couple of things to witness considerable tax savings the coming year. Take a look at some tax saving tips from reputed financial advisor Justin Urbas. You can apply them in your own life.

Save money for future

10 Ways to Effectively Save Money for the Future

It is much easier and more enjoyable to take the income, the money we have earned and worked hard to receive, and spend all of it every month, purchase whatever we want and not think about the future. The future, for some people, is so far away that we think that it is not necessary to think about it. But in reality, there is no better time to think about it than now.

Factors to Consider Before Investing

One of your budgeting goals may be to have extra money that is not spent during the month.

You may be accumulating this extra money to spend on something big within the year without going into debt – for things like a new furniture or gadget.  For this, you need to accumulate your money in a savings account.  The savings account may be earning you next to nothing in interest, but it will keep your money safe for the purchase.  A savings account is a good place to keep your money if you have a short term goal for saving.

Also, the money that you save for the long term is going to be affected by inflation.   Inflation, which is the rising price of things, makes your money worth less and less over time.  The interest you earn on savings account usually cannot cope with inflation.  You need to put it in an investment where your money grows to retain its value or even increase in value.

Before investing, you should first consider these factors that will determine when, where, and how to invest:

Link: https://www.budgetingincome.com/factors-to-consider-before-investing/