EXPERT FORECAST : BANKING AND FINANCE
Jeff Sekinger , Founder of Nurp returns without any downside , they are likely not being honest . Dive deep into the conversation , and don ’ t hesitate to ask as many questions as possible because , most of the time , you ’ ll discover they ’ re likely a fraud . Trust your instinct when it says ‘ run .’ There ’ s never a lazy way to get rich !
3 . Lack of verifiable credentials
Don ’ t get caught up in your favorite influencer ’ s bio and financial advice . Run a background check to see whether they have actual track records of success in the field or just show off designer clothes and cars on TikTok or Instagram .
4 . Pressure tactics
If you feel pressured to quickly decide from that ‘ take advantage of this limitedtime offer ’ IG reel , pause and step back . Credible financial influencers should encourage you to take the time you need to make an informed , balanced decision . Don ’ t let FOMO cloud your judgment !
5 . Absence of transparency
Transparency is the foundation of credible financial advice . Be cautious of influencers who aren ’ t open or ‘ selectively open ’ about their methods , fees and potential conflicts of interest . A relationship is built with transparency and trust . And if one is missing , your financial journey could end up a disaster .
How to validate financial advice sources
Make sure you ’ re taking the proper advice from influencers affiliated with recognised financial organisations . These individuals should have certifications like CFA ( Chartered Financial Analyst ), CFP ( Certified Financial Planner ) and CPA ( Certified Public Accountant ), which
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