However if you choose to use a financial professional then you just need to make some enquiries to ascertain their track record. Don't assume that because they are a professional that they know everything about each different aspect of investing. Whichever type of investment you are considering make sure they have a proven track record in that particular field. If they combine their outstanding finances into a one debt consoilidation loan they can usually reduce their monthly outgoings quite considerably. It is not just the reduction in the amount of money they have to find each month that makes debt consolidation loans so appealing to people. Perhaps the greatest benefit of all is the peace of mind such loans can bring. Simply because they have more clout and credibility than you would have as an individual. The main thing is to choose carefully when you're seeking out a consolidation service to act on your behalf. Choosing wisely will usually get you a lower repayment each month and possibly a shorter term as well. The Bad Side of Online Savings Accounts The biggest con, for some people, is that there is no human face associated with these accounts. There s no human person you can hold responsible for a discrepancy in the account. Some people still like the old-fashioned way of banking in which they can interact with human cashiers and tellers. A number of brokerage houses put on regular training seminars for new investors. These will take you through the basics of learning the terminology of the stock market and also on to how to select stocks using various indicators. Some will even teach you how to spot trends and these can be as important for timing your exit from a position as getting into it in the first place. Consolidation of debts is a complicated matter and it requires clear thinking and some tough negotiation skills. So yes, a non profit may charge you less but they could still end up costing you more if their people aren't good at reducing your monthly or weekly payments. You should also bear in mind that while they might be non profit they still have to pay for their expenses.