Friday, September 19, 2014

Need Any Advice?

Do you look for professional advice when you are making a big financial decision? According to a new Gallup poll, 63 percent of all investors sought out advice when creating a personal financial plan, with three quarters of them saying they had sought out professional advice.

For most other things, though, people don't get help from professionals. Aside from creating a financial plan, the only other item in the survey that most people sought out professional advice for was buying a house, although 48 percent used professional help for creating a college savings plan. Just 23 percent asked for professional advice in planning a vacation, and 19 percent in buying a car.

But most people do turn to other for help in such things. According to Gallup, fully 81 percent of us got informal personal advice when shopping for a car.

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