Financial Services & Recruiting academyrecruiting on 25 Sep 2008 12:00 pm

Sound financial advice, especially during tough times

I’ll admit that it’s pretty tough to write anything really relevant and useful right now because of how fast and furiously things are changing, not to mention that the news seems to be one bad thing after another. And, as I said last time, I’m all out of predictions.

I’ve already seen a bunch of “best things to do now” articles, both about personal finance in general and job searches in particular. A big part of the problem there is that you can feel like you’re already behind the curve - if you didn’t take action before now, it’s too late to do anything. Not so…

One of the best personal finance blogs I know of - if not the best - is Get Rich Slowly. (I know what you’re probably thinking, but, trust me - if you only read one, this is the one to read.) It’s been around for several years now, and the guy who writes it - J.D. Roth - learned his lesson the hard way: he was $35,000 in debt, and paid it all off. And, no, he didn’t win the lottery - you can read the story in “Free at Last! Saying Good-Bye to 20 Years of Debt”.

His most recent post today is called “The Millionaire Quiz“, which contains a 15-question test to see just what you know about millionaires. It’s good for anyone to read, but definitely something a budding financial advisor should have a good handle on.

After you read that one, take a good look around the site - there’s a ton of information that’s always very valuable, and no more so than right now.

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