Not too long ago, I came across a fascinating story; it’s a story about the essence of preparation: Alice was born into a middle-income family which was doing fairly okay financially. However, at some point, her father’s business ran into troubled waters as a result of economic factors beyond their control. They began to experience untold hardship.
However, something miraculous happened when her father’s investment advisers gave him information on some of the things he could immediately do to mitigate the unpalatable situation and come out stronger. In a few weeks, some of the investments he had made prior to that period, yielded bountifully. This gave him a leverage to re-launch his business and the information he had gotten from his advisors enabled him to build a bigger, stronger and more profitable business.
When you have financial challenges; who you listen to in that period, matters a lot to your final outcome. What successful people do is to surround themselves with advisers who can give them wise counsel.
Who are you taking advice from?
Benjamin Aduroja
Financial Advisor
www.bit.ly/financialplanningseries
