What is Financial Coaching?
Financial coaching is helping people to take control of their finances and working with them to make conscious financial decisions. As a coach, I seek to gain an understanding of my clients’ values and goals, and I help the individual understand the consequences of the choices available to her in order to assist her in making financial decisions that align with those goals.
Who needs a financial coach?
Anyone who doesn’t feel entirely in control of their finances or who is looking for an overview of their financial situation from a trained professional could benefit from a coaching session. We’re raised in a culture that discourages talking about money, and as a result, many people are never taught healthy financial habits. Even worse, people are often afraid or embarrassed to talk about money, so they’re unable to find out the information they need to make the best decisions for themselves and their families.
Ways financial coaching can help you if you are: