Do you have burning questions that you would like to ask your Financial Adviser but you’ve always been too embarrassed to ask? Paula Walker (CA)SA, a Director and Advisory Partner at Consolidated Wealth, says that financial planning can be very complicated but your Financial Adviser is there to help you to navigate any uncertainty you may have. “Certified Financial Advisers study for years to become experts in the field but ultimately, this is a people-oriented profession,” she says. “One of our greatest responsibilities is to make our clients feel comfortable and this includes educating them to ensure they receive the best advise that’s tailored to their unique circumstances. So there is no need to feel embarrassed about asking what you may believe are obvious questions.” If you are one of those people who have nodded along while your friends talked about their financial planning only to secretly search the conversation afterwards, here are Paula’s answers to what may be some of your embarrassing questions. 1. If I am in debt will a Financial Adviser be able to help me? In the world of finances, managing debt is a specialised field and if you are in a fix, your best option is to speak to a qualified debt counsellor. Their job is to help you get out of debt and they will negotiate on your behalf with your credit providers. Once your finances are under control and you have cash reserves, then you should partner with a Financial Adviser who will…
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