Comments on: Money Mentor: Finding a Financial Mentor You Trust

By: Jean

Jean — Sat, 11 Jul 2020 03:41:17 +0000

Well, it does take time. I’m just amazed how ridiculous some good friends are, about not wanting to talk about money.

1 friend told me she didn’t how much she paid for her house’s utilities….due to bank automatic withdrawals each money. Sure. I didn’t believe her. She’s a great person…but has certain strange flaws.

By: One Frugal Girl

One Frugal Girl — Tue, 16 Jun 2020 04:09:00 +0000

In reply to She's FIRE'd. That's so true! That's why I try to talk about money without talking about specific financial figures. I think it keeps "envy" at bay a little better.

By: One Frugal Girl

One Frugal Girl — Tue, 16 Jun 2020 04:08:14 +0000

In reply to Thrifty Hustler. Bloggers can be amazing money mentors! My virtual money conversations run much deeper than they do in real life.

By: One Frugal Girl

One Frugal Girl — Tue, 16 Jun 2020 04:05:36 +0000

In reply to J.D. Roth. Thank you for your comment. You are absolutely right a mentor-mentee relationship should be 100% organic. Conversations about money should just flow from one person to another and are often mutually beneficial. It's not just about a teacher/student relationship. It's about talking in a way that allows the mentor to rethink money mindsets and financial decisions too. Thanks for mentioning that.

By: She's FIRE'd

She's FIRE'd — Mon, 15 Jun 2020 15:55:57 +0000

This is so hard because there is so much judgement about money, but another perspective can be invaluable. I stumbled across a colleague whose goals are similar to mine. We are each other’s financial confidants and it’s wonderful. Be careful who you tell though. If envy comes into it, the friendship can be ruined!

By: Thrifty Hustler

Thrifty Hustler — Sun, 14 Jun 2020 08:03:31 +0000

I don’t have a money mentor yet. However, just as what you have written, I’m treating PF blogs as my money mentors while still doing my due diligence of course. I compare information and choose the ones that I think will work best for me.

By: J.D. Roth

J.D. Roth — Sat, 13 Jun 2020 14:57:03 +0000

Love this. One thing I’d add: When you’re looking for somebody to talk with, don’t be so overt as asking, “Will you be my mentor?” I had somebody do this once and it was really very off-putting. A mentor-mentee relationships should be organic and natural, something unspoken that grows with time. When I think of the mentors in my life (financial and otherwise), they’re simply friends who have greater wisdom than I do in a specific area. And the same is true with the folks I consider my mentees. This isn’t a formal thing. It’s a natural part of living with and helping friends and colleagues and acquaintances.