Financial advice can be expensive, but it doesn’t have to be. In fact, many free or inexpensive sources of quality financial advice are available to you.
Many organizations have been set up to help people with their finances, and many of them offer free or low-cost services. In this article, we’ll highlight how to get free financial advice and where to go.
Go to Your Bank First
Managing your money can be a difficult task, but fortunately, your bank can be an excellent resource for free financial advice. Most banks have personal finance experts on staff who are more than happy to help you with budgeting, saving, and investing.
When it comes to budgeting, they can help you figure out where your money is going and where you could be saving. They can also offer tips on how to break bad spending habits. When it comes to saving, they can help you set up a savings plan that fits your needs and goals. And when it comes to investing, they can provide guidance on choosing the right investment products for your portfolio.
So next time you’re feeling lost when it comes to your finances, remember that your bank is a great source of free financial advice.
Financial Planning Association
The Financial Planning Association (FPA) is a professional organization that provides free financial planning resources and advice to the public. The organization has a solid commitment to helping people achieve their financial goals, and they offer a wide range of resources on their website.
The FPA also has a Pro Bono Program, which matches financial planners with people who need pro bono (free) financial planning services. The Financial Planning Association is a great place to start if you are looking for free financial planning guidance.
The National Foundation for Credit Counseling
The National Foundation for Credit Counseling (NFCC) is a nonprofit organization that provides free credit counseling and financial education to consumers. The NFCC offers a wide range of services, including budget counseling, debt management plans, and bankruptcy counseling.
The NFCC can help you develop a plan to get out of debt and improve your financial situation. And if you’re looking for general financial education, the NFCC offers a variety of resources on topics like budgeting, credit, and saving.
If you’re struggling with credit card debt, more options are available.
You can learn more about the NFCC at Freedom Debt Relief.
National Association of Personal Financial Advisors
The National Association of Personal Financial Advisors (NAPFA) is an organization of fee-only financial advisors. NAPFA members are committed to providing objective, unbiased financial advice and charge for their services by the hour or project rather than by commission.
Since the COVID-19 pandemic, members of the NAPFA have been waiving their fees for those in need.
Savvy Ladies is a nonprofit organization that provides free financial education and counseling to women. The organization offers a variety of resources on topics like budgeting, saving, investing, and retirement planning.
In addition to their website, Savvy Ladies also offers a helpline where you can speak to a certified financial counselor for free.
Association for Financial Counseling & Planning Education
The Association for Financial Counseling & Planning Education (AFCPE) is a professional organization that provides education and training to financial counselors and planners. The AFCPE also offers a variety of resources on its website, including articles, webinars, and podcasts. These resources cover a wide range of topics related to personal finance, from budgeting and saving to investment strategies and retirement planning.
This is how to get free financial advice in America. By taking advantage of these resources, you can get the help you need to manage your finances and achieve your financial goals. And best of all, most of these resources are free or low-cost. So don’t wait; get started today!