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The problem with being the family finance guru

Offering financial suggestions to friends and family can be a very risky endeavour
The problem with being the family finance guruPublished on January 10, 2025

Some of my acquaintances believe I have an extremely boring job. That is, until they run into an issue with their pension, or want to start investing, and suddenly they are all ears.

Many of you will recognise this pattern. When your family and friends know you have an interest in financial matters, you automatically become the person they come to for opinions. This can take many forms, from “what did you think of the Autumn Budget?” to the supremely irritating “should I invest in bitcoin?” in the middle of Christmas dinner.

Despite my snarky tone, I'm not actually complaining. I am passionate about financial literacy and more than happy to discuss pensions, taxes and asset allocation at most times. I think people should be more open about money and that the topic should feel less intimidating than it does. And I want to be of assistance to my friends, as I imagine you do too. 

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