When you really like a product, you tend to share it with your friends and family, so that they can enjoy it as well. But financial products are somewhat taboo to talk about nowadays. No one wants to be hated for suggesting an investment that goes downhill. But you can’t be faulted for simply showing a friend how to save money, while still receiving the same service.
If you currently have an account with a discount broker, you may be able to earn money while showing your friends how to save on fees. Of course, if you don’t currently like your brokerage account, make sure to tell your broker! If you’re a longstanding client or somewhat active trade, most brokers will try to accommodate your special needs.