In times like this when the economy is very
unstable, it is very important for people to be on guard to where their money
goes. Earning money is not a joke, it took your time, effort energy and
intelligence to earn even the smallest centavo. While you could always be on
guard to where every piece of your hard-earned money goes, circumstances that
are beyond your knowledge and control could lead you to your downfall.
Money expert Ed Butowsky, tries to share his knowledge when it comes to wealth
management. Being in the money business for more than 25 years, he has learned
all the basic vicissitudes about the money industry. He started to be involved
in the wealth management industry when in Morgan Stanley where he worked as the
Senior Vice President in private wealth management.
Because of his experience and knowledge in
the field, a lot of people consults EdButowsky to be educated on how to use their finances wisely. He has worked
with some athletes where he learned and understood the reason behind the money
problems of sports players. Ed Butowsky
was recently featured in the Sports Illustrated Article “How (and Why) Athletes
Go Broke.”
While we do not have the knowledge and
experience like Ed Butowsky has, it does not meant that we just have to embrace
the fact that we are vulnerable to bankruptcy and being broke. We could always
get help from wealth management experts like Butowsky or we can educate ourselves
about handling our finances properly.
One of the simple ways to manage your
wealth properly is to bring yourself to full control. Be aware of the financial
status of yourself and your family, know your assets, and all the important
things about your finances. It could also help a lot to involve your entire
family in making decisions about your finances. Including your family does not
only give you a bigger capital to grow, working with them would also give you a
better chance of making the right decisions.
