News / Business
Disinformation causes private practice owners to seek financial planning alternatives
According to P. Christopher Music, author of What Every Private Practice Physical Therapist Needs to Know About His or Her Financial Future, the information that private practice physical therapists have to rely on to make correct financial decisions is often based on myth and inaccuracies. The problem is we go to places like Bloomberg Television or Money Magazine, or a financial advisor, accountant, our next door neighbor, or our nearest relative to try and gain information and insight so we can make correct decisions about our finances - which doesn’t always work.
Music says that you can often identify the quality of the advice by what the result is. “If the result is good, you received accurate information and if the result is a bad one you received bad advice.” For this reason, the importance of a financial education has been brought to the forefront and private practice owners are expressing preferences for what they want to learn about financial planning.
In a recent independent study, one-third of private practice physical therapists expressed the desire to learn the ins and outs of investing and a thorough understanding of the basics. Additionally, they wanted to learn about the different parts of investing and how to use it as well as the dos and don’ts of financial planning.
P. Christopher Music believes that financial planning education for private practice professionals is of utmost importance due to the misinformation we receive from external forces in society. He goes onto say What Every Private Practice Physical Therapist Needs to Know About His or Her Financial Future provides specific educational information that is geared toward private practice physical therapists and provides a solid blueprint for learning about sound financial planning.
About P. Christopher Music:
After 18-plus years of being a financial planner, P. Christopher Music decided there had to be a better way. Witnessing financial debacles of big industry and government-driven economies caused Christopher to take action, developing an instrument that measures the success of any financial plan. The Financial Prosperity IndexTM (FPI) is the back bone of Music’s firm, Wealth Advisory Associates (WAA). WAA is a financial planning firm focused on helping private-practice physical therapists understand and implement the most effective strategies to achieving financial success and security. With rampant misinformation and immorality on the subject of money in today’s world, Mr. Music’s system has been described as “easy to understand,” allowing a professional to do what he does best – his profession. Visit www.wealthadvisoryassociates.com
