15. “I have a $1 million trust fund and I’m scared to spend money on food”
Money For Couples with Ramit Sethi
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How Much Is a One % Fee?
A lot of people think that a one % fee that they're paying their financial adviser is not that much. If you are paying two % in fees, you will pay over 50% of your returns to advisers. You'd be way better off paying 500 dollars an hour instead of a one % a u m fee. I cover more in my book, take control of your money.
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