Most of us don’t ask for it, but well-intentioned people offer it up anyways. Some of it is helpful. Maybe a wise parent or grandparent taught you to start investing for retirement from your first paycheck or keep an emergency fund. Much of the financial advice that has come my way however, has been less than useful.
Nobody gives out crappy financial advice on purpose. Usually the well-intentioned individual really believes that they are helping. Often their advice is rooted in some big mistake that they made in their life that they want to try and steer you away from.
Here are a few bits of crap advice that I have personally been given.”