TV financial advisors give tips on saving, investing, and spending money, and answer viewers’ questions. Clark Howard and Suze Orman are two well-known advisors. They emphasize saving, investing, and spending wisely, and also research ways to save money on travel and other expenses.
A television (TV) financial advisor appears on camera discussing savings, investing and spending tips for viewers. Most financial advisors who have their own television show have had a successful career in finance and have made appearances on other TV or radio shows. A TV financial advisor typically answers viewers’ questions during a show; these can relate to a particular topic or a mix of money-related topics. Television financial advisors also tell viewers a little about their background and philosophies on financial matters.
Two of the best known TV financial advisors are Clark Howard and Suze Orman. Howard describes himself as someone who was always interested in money, even as a child. He wanted to become a financial advisor in his 30s, as he had already amassed a fortune and became interested in helping others manage their money wisely without falling for scams or foolishly wasting it.
Orman is a TV financial consultant who said she became primarily a person to stop people from making similar mistakes as she did with money. She lost her savings after trusting a financial advisor to a large corporation. Orman first appeared on several talk shows, sharing his experience and giving viewers tips to avoid trusting the wrong people. She became very popular with her own television shows and commercials selling her financial products that guide people to save, invest and spend money wisely.
Discussing financial matters like credit reports and student loans is a common duty of TV financial advisors. A TV financial advisor always emphasizes the three basic facets of money management: saving, investing and spending. For example, they advise people to spend money carefully rather than foolishly using credit cards. Financial advisers also point out that student loans can be good credit if they are an investment capable of earning a higher income, which would also allow them to be paid off without having to accrue high interest rates. A TV financial advisor prepares tips for each episode, how to get the best interest on savings accounts and tips on how to spend less money.
A TV financial advisor often conducts research on travel discount bargains and other ways to save money. They discuss their findings on television and may also suggest a vacation at home or taking a lower-cost trip, such as camping. By teaching people ways to spend less money, as well as avoid credit card debt and bad financial decisions, TV financial advisors can provide a useful service to viewers.
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