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Financial advisors and consumers don't see eye to eye on spending and saving or on budgeting and managing money, according to new research by the Certified Financial Planner Board of Standards in collaboration with Heart+Mind Strategies, a consulting firm.

Seventy-eight percent of consumers surveyed said it was easy to save money, but only 39% of advisors agreed. Similarly, 88% of consumers believed it was easy to manage money, while just 30% of advisors agreed.

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Michael S. Fischer

Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.