Should You Listen To Your Parents Advice?
The rebellious teenager inside you screams no...
But you are no longer a teenager and some of the advice parents give their children is pretty helpful...after all they have been around a-lot longer.
But financial advice is different.
Some peoples parents don't even own property- so should they be giving you advice on whether you should buy a home and when? Probably not.
Even if your parents have multiple properties, their advice might be outdated and not relevant to your situation.
Unless they are actually buying and selling in this market regularly or work in this industry then you parents advice should always be taken with a grain of salt (that goes for everyone's advice really).
One thing parents are great for is to be a sounding board, and to offer an alternative point of view to yours.
But like you realised when you were 12 or 13; your parents don't know everything and financial and mortgage advice should be left to the professionals.
In this podcast we expand on that premise and discuss when its a great time to listen to your elders and some real life examples of when it's not.
Book a free 10 min call with one of those professionals now (your parents can join too)