Mentors are all around us. Basically, a wealth mentor is someone to whom you are accountable and someone you can trust to give you sage advice when it comes to your money. This could be a trusted friend, family member or colleague who has been very financially successful and who you know you can trust. Remember, if you cannot trust the person wholeheartedly, try to find someone else! There are great benefits to getting a mentor:
You will learn healthier money habits from your mentor. This is why it is important that a mentor is chosen carefully. Look at someone who is successful in your field. Align yourself with him or her or even ask them to mentor you.
You will be held accountable. Your bad habits will be kept in check since you have to report to the mentor your past week. Think about telling your gym instructor you had cake for lunch…see what we mean?!?
You will learn from their mistakes. Because a mentor made a mistake, doesn’t mean you have to. Chances are, the mentor will teach you how to avoid the same types of mistake and may even connect you with persons in the industry who can help you move further, faster.