Advice – Don’t Give And Don’t Ask
Do you have the habit of dispensing financial advice to your friends and relatives? Do you inquire about their problems and tried to find a solution for the same? Well, I have a very simple rule - never give advice. Not even when asked.
It has been my experience that people ask for advice only to find the person whom they can blame when things go wrong. Most of us know what we want and are aware of how we should achieve our goals. The advice that we seek invariably focuses on our fears and shortcomings. Why is it that we need to hear something obvious from the mouth of another individual to work on the same?
You may advise your friends or relatives that they should avoid impulsive expenditure. Well, can anybody really grow up in this world without understanding that? We all have indulged in impulsive expenditure when we got our first pocket money. We always regretted our haste and concluded that it was better to save and be patient. In such a scenario, how is your advice going to make a difference?
The question of listening to advise does not arise because there is nothing new in it. Chances are high that the recipients know your advice. Those who do not follow it will still find a way to blame you for their current financial mess. Why try to solve such a problem? Lead life without asking for advice and avoid giving it to the maximum extent possible.
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