More from FA 100:

Is it worth paying for investment advice?

It’s worth it to get a financial advisor before you make a life-changing decision. A wealth manager can help you quantify the decision, understand the impact on other areas of your life, and assess your alternatives. It’s often worth it to build a financial plan to help with the decision making process.

What’s the best money advice you can get?

To help out, we combed through our archives to round up the best money advice from financial planners, bestselling authors, and one of the richest people in the world, that will help you save and earn the most money. Below, check out the 13 pieces of money advice you simply can’t afford to ignore:

What should I know before I see a financial advisor?

Before you speak to a financial advisor, decide which aspects of your financial life you need help with. When you first sit down with an advisor, you’ll want to be ready to explain your particular money management needs. Keep in mind that financial advisors provide more than just investment advice.

How to save money with a financial advisor?

Not only will you save money when you do the math and pay attention to subscription costs, but you’ll be able to save money to make similar, higher-priced upfront purchases like this again in the future in order to save money on subscription expenses (when applicable). 2. Automate it. Jamie Pomeroy, Financial Advisor at MerchantsBank says:

What do you need to know about investing your money?

And you’ll want to be in a financial position to do so, meaning you’ll need manageable debt levels, have an adequate emergency fund and be able to ride out the ups and downs of the market without needing to access your money.