A television (TV) financial advisor appears on camera to give viewers advice on saving, investing, and spending. Most financial advisors who have their own television show have previously worked in finance and appeared on other television or radio shows. During a show, a TV financial advisor typically answers viewer questions, which may be related to a specific theme or a variety of money-related topics. Television financial advisors also give viewers some background information as well as their money philosophies.
Clark Howard and Suze Orman are two of the most well-known TV financial advisors. Howard describes himself as a person who, even as a child, was always interested in money. In his 30s, he wanted to become a financial advisor because he had amassed a fortune and was interested in helping others manage their money wisely without falling for scams or wasting it foolishly.
Orman is a TV financial advisor who has stated that she became one to prevent others from making the same financial mistakes she did. She lost her savings after putting her trust in a large corporation’s financial advisor. Orman first appeared on talk shows, sharing her story and offering viewers advice on how to avoid putting their trust in the wrong people. She became well-known as a result of her own television shows and commercials promoting financial products that teach people how to save, invest, and spend money wisely.
TV financial advisors are frequently asked to discuss money issues such as credit reports and student loans. The three basic facets of money management are always emphasized by a TV financial advisor: saving, investing, and spending. For example, they advise people to spend cash wisely rather than relying on credit cards. Student loans, according to financial advisors, can be good credit if they are an investment in the ability to earn a higher income, allowing them to be paid off without accruing high interest rates. For each episode, a TV financial advisor prepares tips such as how to get the best interest on savings accounts and how to save money.
A television financial advisor frequently conducts research on discounted travel deals and other money-saving opportunities. They broadcast their findings on television and may advise staying at home or going on a low-cost trip like camping. TV financial advisors can provide a valuable service to television viewers by teaching people how to spend less money, avoid credit card debt, and make poor financial decisions.