Are Your Friends Money Dummies? Here’s a Simple Way to Help Them Out.

January 12, 2007

Do you have friends that constantly make poor financial decisions? Do you want to help them out but don’t know how? You’re afraid to step on their toes by offering financial advice. You don’t want to come across as pushy or a know it all. However, you care about their future so not doing anything at all doesn’t feel right.

The Gift of Finance
Why not set them up with an objective third party that can give them some financial guidance? It seems like a win, win solution. You won’t feel as though you’re pushing your passion for money on them and they get the help they need. The problem is you don’t have the extra money to save for yourself, let alone pay for a financial professional for them.

Money Smart Life to the Rescue!
That’s where I come in! Send me a story about a personal finance blogger that inspired you in 2006 and you’ll be entered into the FinanceSpirations challenge. If you’re the lucky winner of a 1-hour financial consultation with Beacon Financial Advisors you can transfer the prize to your money dummy friend. If you have more than one, I guess you can just pick the biggest money dummy of them all.

They can have their budgeting, investing, or tax questions answered by a certified financial planner. I’m pretty sure if you can help them get started on the right track financially they’ll thank you for it.


Will this article help you save or earn more money? Get others like it simply by entering your email address below. Your email is used only for delivering daily money tips and you can opt out of delivery at any time. Click here to see all your free subscription options.


Ben Edwards, the founder of Money Smart Life, saved up enough to buy a Nintendo back when he was 12 years old. When he used the money to buy shares of Wal-Mart stock instead, he knew he wasn't like the other kids... His addiction to personal finance has paid off for his family and now he's helping you to afford the life that you want. Check him out on the web at Google Plus, Twitter and Facebook.

All posts by


Comments are closed.