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Should You Take Financial Advice From Your Friends and Family?

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Advice is free of cost, and we witness this in our everyday life. If you go to a textile shop, even the salesperson might advise you on what dress to go for. But this is not the case when it comes to family and friends. Family and friends may give you real advice/suggestions about everything. In most cases it will be genuine as well. But is that the case when it comes to financial decisions? Should you take advice from family and friends regarding your financial decisions? Financial decisions vary dependent on a number of factors like age, income, savings, expense, lifestyle etc. Only a person who knows this completely can give you real suggestions or advice. Watch this video to know the financial expert C S Sudheer's opinion on whether you should take financial advice from friends and family.




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