Previously, I wrote about a co-worker who received a pair of toning shoes as a gift. I had politely informed him that Clark Howard cautions his radio show listeners from purchasing toning shoes claiming people suffer injuries from wearing those shoes. I suggested my co-worker return them for a normal pair of shoes.
This week while chatting with my co-worker he said, “Tonight I’m going to clean the soles of those toning shoes so I can return them. They are the most uncomfortable shoes I’ve ever worn. The store should allow me to return them even though I wore them right? Especially if I make a big stink about how uncomfortable they are.”
This conversation got me to thinking, “Does anyone ever listen when given unsolicited financial advice?" In thinking back on previous conversations, my friends and family members have never reconsidered making a purchase such as a too expensive car, home, or wedding based on my advice. In the end the only thing I accomplished was straining my relationships.
I’ve come to the conclusion, if someone’s dream is to purchase a $30,000 car when they graduate from college despite not having a job nothing I say is going to change their mind; especially if Mom and Dad are co-signing. So why jeopardize my relationship. The bottom line is people don't listen to “You can't afford it,” but in instances like the one above where a purchase is clearly a scam, I will continue to give my unsolicited advice. Hopefully someone will listen.
How about you? Do you give unsolicited financial advice? Does anyone listen?