An understanding of personal finance is necessary to judge the quality of advice that a financial adviser may give.

Question

Quizplus · Accepted Answer

Without a basic understanding of personal finance, it can be difficult to assess the credibility and appropriateness of financial advice. Knowing key concepts such as budgeting, saving, investing, and taxes can help individuals make informed decisions and ask the right questions when working with a financial adviser.

An Understanding of Personal Finance Is Necessary to Judge the Quality