Should I Engage a Financial Advisor or Do It Myself?

Whether you should use a financial advisor or manage your finances yourself depends on various factors, including your financial knowledge, goals, time commitment, and comfort level with making financial decisions. Here are some considerations to help you decide: Financial Knowledge: Do you have a good understanding of financial concepts, such as investing, tax planning , and retirement planning? If you're knowledgeable and confident in managing your finances, you may be able to do it yourself, though it is a lot of information and concepts to digest regularly, including robust portfolio management. Time Commitment: Managing your finances can be time-consuming. Consider whether you have the time to research investments, track your expenses, and stay informed about financial markets. A financial advisor can save you time by handling these tasks for you. Complexity of Your Situation: If your financial situation is straightforward,...