How do I know when I need a financial planner? I'm struggling with mounting debt and I'm not sure if I should get a financial planner or just work on it myself?
FPA member Steve Csenge, CFP® had this to say: "I think any time people have questions, challenges or issues around their financial situation then a financial planner can be a valuable resource. We have experienced an increase in people looking for guidance following the shock at the significant drop in their 401(k) retirement plans and other savings last year.
"Please keep in mind as in other professions, financial planners will often have more expertise or specialize in certain areas. Some may specialize in retirement, others in college planning. You may want to find a financial planner with the right skills that works in credit and debt management."