Keeping Mum: Unsound Financial Advice

Earlier this week I came upon a couple of acquaintances discussing some sort of financial matter. I didn’t get all of the details, but it was apparent that one was giving the other some advice.

It was sad to me in that it was the one who is openly terrible with money doling out the advice as if they had all the answers — and the receiver appeared to be accepting it as sound guidance.

I didn’t say anything. Though I wanted to, it really wasn’t my place.

But it did get me thinking…

Was this person seeking financial advice blind to the obvious fact that the “expert” advising them didn’t have their own financial house in order?

Sure, their exterior might look well-off, but it’s a paper thin veil. We’re talking onion paper. Yeah — it’s that sheer.

Perception is a strange thing.

Do they really want to follow such a lead? I know I wouldn’t.

Perhaps I was just over-analyzing the conversation…