The question is – in challenging times such as these is it possible to give consumers sound advice? The simple answer is yes, but there are big obstacles.
Businesses that may have worked through difficult economic conditions in the past are again facing tough decisions and many brokers are likely to be worried about where their next client will come from.
Meanwhile, consumers fear rising interest rates and the lack of availability of mortgage products. Many are insecure about the direction of the economy and their families’ wellbeing.
These factors all create stress, which can lead to poor decisions by brokers and consumers.
It is well known that financial concerns are at the heart of many personal and business problems, so why not take a look at a website called Stressmanagement.co.uk?
This website provides practical help in tackling destructive emotions, thus reducing stress and anxiety.
All too often we read articles written by so-called experts incorrectly forecasting the future. Stressed brokers could find this website a refreshing change.
If brokers are not able to sell financial services products in the current market, they might at least be able to provide good free advice to consumers, which will be beneficial for their businesses in the future.