Saturday, November 5, 2011

Free vs Paid Advice

Which would you prefer, free advice or paid advice? Granted, one costs less than the other, or does it? What is the cost for free BAD advice? I am not advocating only seeking paid advice, but you have to ask yourself if the person is credible in the subject area.

For example, you love your parents. Most of us love our parents. You need advice on buying your first home. Your parents have never owned their own home and in fact, they are adamantly against you buying a home. Even though their advice is free, is it good advice? What if you listen to them and rent your whole life. How much did that cost you over all those years?

Remember, when seeking advice, make sure that the person giving you the advice is knowledgeable on the subject or it may end up costing you more than you think.

No comments:

Post a Comment