Money Coaching

Everyone uses money, but few people fully understand how to use it wisely. To be debt free and enjoy a comfortable lifestyle takes special skills. Money coaches provide solutions for household budgeting, investing, and saving for retirement. With the principles offered by a money coach, you can live the life you want to live

Why Would I Want One?

Money coaching is a relatively new area of expertise within the financial planning community. A money coach can provide advice about money and lifestyle. Unlike an accountant, financial advisor or a stock broker, money coaches provide help in redefining your relationship with money. This is helpful in not only providing advice on specific financial questions, but also in developing strategies for managing your finances to achieve life goals.

Money Coach v's Financial Advisers

Money coaches not only give advice about money, but are also gifted in giving insight around the psychology of money. They can help restructure your lifestyle to enable you to accomplish financial goals, instead of simply advising you in what to do with your money. A money coach fulfills a role that complements other financial professionals and can help shape your overall financial strategy.

How will a Money Coach help me?

A good money coach will be able to translate your personal life goals into a workable long-term financial plan. Whether this involves saving and investing for retirement, planning for children, or providing for a spouse, a money coach will help develop strategies for managing your lifestyle and money choices to best achieve your goals.

When working with a money coach, you should be actively involved in your financial well-being. This means that you can’t simply sit down once and plan a strategy then let your money coach take over. You have to be honest and realistic in your goals but it is still your responsibility to consider the options available on an ongoing basis. This also means that you should maintain a relationship with your money coach and make sure that they know your evolving needs.