How to Manage Money

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Two ways to manage money include doing it personally or letting a financial adviser manage it. Manage for growth and dividends when managing money with advice from a registered financial consultant in this free video on money management.

Part of the Video Series: Money Management
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Video Transcript

This is financial adviser, Patrick Munro, talking about how to manage money. There are two ways to manage money. You can do it yourself, or let a financial adviser manage it for you, for a fee, or perhaps, as a partner. I prefer the latter, primarily because I am a financial adviser, and many people that I work with, appreciate the services that I offer, because it keep them away. In other words, from the forest, from the trees. How to manage money, you have to look at your risk tolerance of the money that you do have, be prepared to lose what you do have, and have other cash backups to support you going forward. How to manage money, you want to make sure you manage for growth and dividends, as well, and then you want to have a game plan, and constantly review your investment strategies, because in the world of finance right now, things are constantly changing, and you have to be on the leading edge of that. If you're a do it yourselfer, and you'd like to research to find out leading edge technologies, then by all means, but if you want to delegate that, find a good financial adviser, and this is a great way to manage your money. This is financial adviser Patrick Munro, talking about how to manage your money.


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