Why do financial professionals need financial advice too?

What does money mean to you? - Part 3

Professional expertise does not remove the value of having someone question your assumptions and help you make decisions about your own money.

I work in finance. I also have an adviser.

I have an accountant. I work with a personal trainer. There are people in my life who are far better at particular things than I am, and I am very happy about that.

Think of yourself as the chief executive of your life. Who belongs around your table?

You still set the objectives. You still need to understand the decisions. But you can bring in people whose experience helps you see what you might otherwise miss.

I particularly value the person who says, “Yes, but…”

Someone who agrees with every idea I bring them is not helping me think hard enough.

When it comes to your relationship with money, good advice should connect the decisions to what you want your life to look like.

Ask yourself: Where am I guessing? What am I avoiding? Who could help me understand it properly?

Being responsible for your money includes recognising when you would benefit from another perspective.

Freddie Ansah

I’ve been passionate about personal finance for as long as I can remember. My career began in investment banking, with roles at Citi, BNY Mellon and Santander, before I moved into financial advice with St. James’s Place and Succession Wealth.

Today, as founder of Shore Wealth, I help individuals and families connect their finances with what matters most to them.

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How much money is enough? Separate your needs from your wants.

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What is your money for? A weekly check-in worth making