5 Worst Financial Lies People Say To Themselves


4. I don’t need any advice from a financial advisor

Friends and your near and dear ones are helpful in any tacky situations, but when it comes to taking a financial advice it is better to think twice. It is always advisable to take an advice from a professional. As different people have different views, some might succeed in their own way of thinking. For example, if your friend has a better financial planning doesn’t mean that you will apply the same. Your friend might succeed but there is no 100 percent guarantee that you will succeed the same way. Therefore, seeking professional help is no doubt a good idea.

5. No need of insurance I can live with the cover given by my employer

This is a common tactic that people use to protect themselves from health insurance companies when they try to sell them medical claim policies. It’s good that you are already covered by the employer. But is that enough for you? Think again. What will happen once you leave the organization, will the same benefit stay with you forever? If you are ready with all the answers then there is no need of buying a health insurance. But if you don’t have answers then probably it’s time you have one for your entire family.

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