JW’s Financial Coaching Podcast JW’s Financial Coaching Podcast-A show devoted to answering your personal financial questions and covering current events in personal finance. Giving people a new perspective on their money!

May 29, 2011  

Today's show continues the Top 10 Money Sayings You Need to Know series. Every Monday for the next 10 weeks we will count down a money saying that you need to know and explain why you need to put it into practice. Today's #6 saying is “Don’t take advice from he said, I heard, and everybody says.”

You have done it, I have done it, we all have done it. We have taken financial advice from a relative, a friend’s brother, or a co-worker's spouse and just accepted it as fact. Or maybe we have believed a financial saying like “everyone has a car payment” or “real estate is a good investment” and did not think to question it. Taking financial advice from someone you do not know without even doing the research to see if they are right is very dangerous and will catch up with you in the long run. Instead you must become financially literate and/or get help from a professional who will sit down and teach you to make your own formed decision.

The Top 10 Money Sayings to Know Countdown

#10 “Where your heart is, that is where your money is.”

#9 "Stop being a slave to money"

#8 "Money can work for you instead of you working for money"

#7 "Impulse buying doesn't work as well as planning"

#6 “Don't take advice from he said, I heard, everybody says”

#5 TBA 6/6

#4 TBA 6/13

#3 TBA 6/20

#2 TBA 6/27

#1 TBA 7/4

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. Please Email me them at JWFinancialcoaching@gmail.com -You may subscribe to the Podcast either through Feedburner or iTunes.

You can find prior editions of the podcast at the podcast archive page or by visiting our Facebook Fanpage.

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