Finding Financial Help When You Need It

by Mrs Money

Even the most skilled deal finders among us can run into financial trouble from time to time. So, instead of feeling bad and ashamed, try to feel proactive. What matters, after all, is not how you got here. You can’t do anything about that now, you’re here. What matters is what you’re going to do about it and how you’re going to put everything back together.

For many people, this means finding a professional to help them get back on track. There are a wide range of financial professionals who can help you take control of your money and in this article we’re going to teach you how to find the best person to help you get your financial situation under control, whether that person is a financial planner, a credit repair expert, or a lawyer.

#1. Your Situation Matters More Than Their Ego

Some professionals are more interested in padding their bottom lines than they are in actually helping the client who is sitting right in front of them. They create a series of action plans that are based upon a few stereotypical situations and then try to shoehorn every client who comes to them into one of those plans. It’s fine if that plan actually helps you improve your situation but, most of the time, it won’t. Why? Because every person and every situation is unique. It is important to find a professional who will sit down and help you put together an action plan based on you and your numbers and situation.

TIP: If the action plan is set up before you ever meet face to face, that’s a bad sign.

#2. Credentials Matter

Anybody can say that they are an expert in finance and financial law. Not everybody can say that they have the credentials to back up those claims. It is important to make sure that your credit counselor, financial planner or financial lawyer has all of the right certifications and legal qualifications to represent you as you get your financial situation back on track. This means verifying a lawyer’s bar number with your state bar association. It means, according to the Wall Street Journal, verifying your financial planner’s CFP (certified financial planner credential). Do the leg work (well, the typing work and calling work) before you write the check.

TIP: Diplomas and certificates are great but get the details and verify them yourself.

#3. Beware of Ambulance Chasers

Suze Orman says it best: “A successful adviser doesn’t have to look for clients.” If a company cold calls you to talk about your finances and how that company can help you, hang up. For one thing, Orman is right. For another: never give any details about your finances to a stranger, especially over the phone or over the internet!

TIP: If the caller makes you verify that you are you before they verify their identity and reason for calling, hang up. It isn’t rude, it’s self-preservation.

#4. Professionals Keep Up With the News

The laws and details surrounding the financial and credit industries can change at any time. For instance, according to the Lexington Law, FICO is changing its scoring structure. You want a financial advisor who knows what is happening on any given day. If someone quotes a detail that you know is outdated, that’s a bad sign.

TIP: If you know more about the financial landscape than your potential professional helper, choose someone more in the know.

Finally, make sure that you meet with more than one potential professional before you sign on the dotted line. It’s important to find someone with whom you gel on a personal level as well as on a professional/client level. The last thing you need is to hire someone you’d rather avoid! That won’t help your situation at all!

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Staples Back to School Review and $50 Gift Card Giveaway!

by Mrs Money

Staples recently contacted me to see if I’d be interested in reviewing some of their new back-to-school items. I said I would love to! When the box arrived on my doorstep, I couldn’t wait to open it up and see what was inside. Let me tell you, school supplies have definitely changed since I was a kid! They are so much more fun than the boring old pencils and notebooks that I got.

Here is a sample of the fun new items Staples is carrying:
all

Included in this is: a binder, lined journals, mechanical pencils, #2 pencils, erasers, folders, a pencil sharpener, ballpoint pens, clipboard, and a composition book.

bic

These are just the cutest! They are the BIC Kids Retractable Ballpoint pen and BIC Kids Mechanical pencil! What I love about these is that the size is perfect for kids. I’ve never seen small pencils or pens like this made for little hands. What a great idea!

notebook

I love this composition book and am going to use it for myself!  Penny is only two years old, so all she does is scribble and draw so I’m going to make this mine!  I love the design of the cover, and it’s nice and thick so the paper is well protected.

pencils

Look at these pencils- they are mechanical but look like regular pencils. How cool is that? I love that the eraser is built in to the pencil and it’s not wimpy like regular mechanical pencils. It really works a lot better!

teenvogue

I absolutely love this eraser.  It looks like a little lipstick tube.  I think this would be perfect for a teenage girl.  I know I would have loved to have this when I was in middle school and high school.

This is just a sample of all the cool new products Staples has to offer.  If you have the chance, stop by and check out their new school supplies!

Enter to Win a $50 Staples Gift Card!

a Rafflecopter giveaway

I was provided with the pictured products to review but all opinions are my own. Thanks, Staples!

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