Business and Finance
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Business and Finance
Source : (remove) : Bankrate
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I'm a financial planner and editor. Here are 5 ways to know if you're getting trustworthy money advice online

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As a Certified Financial Planner (CFP) and someone who edits personal finance content for a living, I've seen firsthand how the rise of financial content on social media has transformed how we learn about money.
The article from MSN Money discusses how to discern trustworthy financial advice online, penned by a financial planner and editor. It outlines five key indicators of reliable financial guidance: 1) Source Credibility - checking if the advice comes from recognized financial experts or institutions. 2) Transparency - trustworthy sources disclose their credentials, potential biases, and conflicts of interest. 3) Evidence-Based Information - good advice is backed by data, research, or case studies, not just personal anecdotes. 4) Objectivity - advice should be free from sensationalism or extreme claims, focusing instead on balanced, factual information. 5) Community Validation - reputable advice often has positive feedback or endorsements from a community of knowledgeable peers. The article emphasizes the importance of skepticism and due diligence when consuming financial advice online to avoid misinformation.

Read the Full Bankrate Article at:
[ https://www.msn.com/en-us/money/personalfinance/i-m-a-financial-planner-and-editor-here-are-5-ways-to-know-if-you-re-getting-trustworthy-money-advice-online/ar-AA1BQRUp ]