GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Happy African American insurance agent going through reports while having consultations with a couple during the meeting.

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you might read more about oureditorial guidelinesand our products and servicesreview methodology.

But when it comes to your personal finances, youve been feeling quite adrift.

facebook sharing button

Your debt is like a pack of sharks circling your personal island.

Its a dramatic scene, for sure.

Here are four reasons youll be better off working with a financial advisor.

twitter sharing button

This all sounds scary, but it doesnt have to be.

A financial advisor isnt there to scold or embarrass you.

Their goal is to help you feel empowered and make your debt feel manageable.

linkedin sharing button

Yeah, a financial advisor can help you avoid all of that.

Financial advisors know tips and techniques for managing debt that you likely dont, such as the snowball method.

This involves making minimum payments on all your debts while putting any extra money toward the smallest one.

email sharing button

You still have to figure out how to cover necessities while creating a plan to pay off your debt.

Financial advisors understand how debt works.

They can analyze and explain your debt while simultaneously working on a plan to prioritize your payments.

More From GOBankingRates

Share This Article:

The Latest inNet Worth