Who or where can I go for professional financial advise on saving money/paying debt?

I would like to be able to sit down with some one and basically say here are my pay stubs, here is my current debt (credit cards statements/ car payment) and have them devise a budget for me. Have them work with me and say okay here is the best scenerio and budget you need to stick to to work off your debt and save money.


Would I seek out a financail advisor (at the bank)? I appreciate any advise.

Who or where can I go for professional financial advise on saving money/paying debt?
Since you would have to pay for financial advice, there is nothing cheaper than devising a budget for yourself. You can use software based systems, like Quicken, but I believe if you can spend a solid weekend on this, it should be enough to put in some elbow grease and get budgeting!





First, take a look at your paystubs. Are you putting any money into a 401(k)? This is the best and easiest way to save since many employers have a match (free money) and you are contributing pre-tax dollars, which also lowers your tax burden. Try to max your contributions if you can.





Then, after all is deducted from your paycheck, what do you take home after taxes and benefits?





Subtract monthly debts





Take a look at your historical spending. Do you eat out or cook, do you spend on entertainment, clothes or other things? What are your spending habits and where can you reduce? Just looking at your spending pattern will give you a lot of information on where the money goes and how you can curb it.





Then, whatever is left over should go towards paying off your debt. But, if there is enough to put away some money in an emergency cash fund (look at online savings funds - ING, HSBC, Emigrant), you should really be both saving and reducing debt simultaneously. You have to take advantage of compounding for your savings and reduce those debt payments to free up more cash flow.





GOOD LUCK!!!!
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Reply:The best way is to talk to people that you want to be like in the next 20 -30 years because if they are sucessful they can point you in the right direction . Also it is important to ask financial advisors about there financies .myecon is a great group of financial advisors look up one close to you or anywhere they can help with,out charging you any money my site is www.debtblaster.myecon.net
Reply:Actually I would tend to disagree with the response provided that indicates you will need to pay for financial advice or planning. I happen to run a business in financial services that caters to individuals who are not able to pay what can otherwise be high fees for professional advice.





Traditionally, I will sit with a family on a tight budget, perhaps with no retirement or educational planning in place, or with debt they cannot seem to eliminate, and put together just the type of plan you seem to want for not cost at all. Our firm is compensated by the providers with whom we work, on a commission basis.





If you would like to contact me I would be happy to discuss some options with you further. We are a national firm, and I am sure we have an office in your area.





My e-mail address for these purposes is pphilipswfg@yahoo.com.