10 Tips To Keep You From Going Broke

Posted on December 12, 2011 at 11:44am by

You don’t have to be a star athlete, or even an athlete at all, to take a few pieces of advice to the stars to heart to avoid going broke. When it comes to financial advice, Mark Goulston, an executive coach has ten tips to offer that we can all apply, regardless of our ‘free agent’ status.

  1. Get good advisors
  2. Don’t buy expensive assets first thing
  3. It may not last forever
  4. There are sharks out there that will eat you
  5. Delegate, don’t abdicate
  6. Insurance can protect you
  7. Let you advisor be the bad guy
  8. A plan can make the difference
  9. Trust is earned, not taken
  10. Keep perspective as others make more money