Identifying Unreliable Sources of Information – FunFacts

Identifying Unreliable Sources of Information

Most folks know that they’re not financial geniuses. So they set out to take control of their money matters by reading about personal finance or consulting a financial advisor. But reading and seeking advice to find out how to manage your money can be dangerous if you’re a novice. Misinformation can come from popular and seemingly reliable information sources, as we explain in the following sections. (Because the pitfalls are numerous and the challenges significant when choosing an advisor, we devote Chapter 19 to the financial planning business and tell you what you need to know to avoid being duped and disappointed.)

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