4. Customer service ·What services does your firm offer? ·How accessible will you (the agent) be? ·Will you review funds last 5 to 10year performance in prospectus? ·What has been your year-to-year investment performance? ·What was you worst year? Best year? And why? (Look for defensiveness or humility after raising this question, it reveals personality type) ·Do you offer financial planning, money management or both?

In conclusion, a financial planner works for you, and should be compatible with your personality, risk tolerance and financial goals. Make sure that your hard earn money is in good hands. Interview potential planners, ask for references and call at least 3 of those references.

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6. Running up credit card balances If you carry unpaid balances on credit cards, you are already losing money in interest payments alone. Credit card companies have high interest charges that accumulate with unpaid balances.

7. Be under-insured You need to protect yourself and your family from unforeseen emergencies, sickness, accidents and possible death. The goal is to make sure that you have proper financial coverage incase anything should happen.

8. Investing in things you don’t understand If I had a dollar for every sure fire stock tip… I’d be rich. Then I’d lose that money by investing in those tips. Make sure you know what you are investing in, by asking a lot of questions, don’t hesitate to get another financial opinion.

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