Every Tom, Dick, and Harry think they know something about something today. This is all good and fine if you’re debating the Yankees season or how to get rid of a rat problem, but not when it comes to your finances. Whether you are looking for advice on personal or business finances, you should always approach or use only legitimate sources. Your drunk friend at the bar or the psychic at the carnival do not qualify.

If you want advice, go to these places:

Bank Institutions

Banks and their consultants are trained, qualified, and know what they’re talking about. They will be able to give you good advice on financial management, business start-up, debt counselling, saving, investments, etc.

Registered Financial Service Providers

Registered financial providers are usually legitimate organisations or individuals who can help people with loans or other monetary solutions. Before you approach one of these organisations, do your homework and find out if they have a good reputation.

Accredited Blogs

By accredited, we mean that the writers have some legitimate knowledge and experience within the finance field. They should be open about their qualifications and you can check their credentials online. There are many finance blogs that are very helpful and legit; you just need to find them.

Friends or Family

If you have a loved one who works in the financial world, ask them for advice. They may not necessarily be able to help with your specific problem, but they will have good contacts. They will be able to put you in contact with the right people who can help you.

Any other place that is not on this list may be very detrimental to your financial health. You don’t want to play around when it comes to your finances, so, stick to the legit sources.