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Anyone can call themselves a “guru.” And so-called financial gurus are particularly annoying about it. Most of the time, their existing wealth gives them an air of authority about how you can become wealthy, when in reality, it makes them too far removed from regular financial woes to actually be useful. as we’ve said previously:
“What’s more, their advice makes broad assumptions about human behavior they likely know nothing about. How can you advise someone to always save 10% of their income when their priority is avoiding eviction or getting food on the table? At best, financial gurus spout platitudes that are generic and condescending. At worst, they’re pushing misinformation for their own financial gain.”
Read the full piece here.
