What is the role of a Financial Coach?
What’s Covered at the Consultation?
We will look at where you are now, discover what your main concern is and ascertain what your immediate priorities are . We will then agree an action plan .
What is Financial Coaching?
The process of challenging your financial mindset, educating you with sound financial principles, suggesting solutions with a plan, and building confidence to achieve your desired results
I’m struggling with debt and planning to file bankruptcy. Won’t I save money in the long run this way?
Bankruptcy is never a good plan. We will help you avoid it if at all possible. Most families have better options. Bankruptcy is only a quick fix to treat the symptom of debt and the real problem is usually overspending and living without a plan. Let us help you develop personal financial habits that will change your life!
How much do you charge for your services?
Please see our Terms and Conditions
How can I justify paying for Financial Coaching when I feel like I can’t even afford my bills?
Can you afford not too ?
With a plan in place clients quickly discover their cash flow no longer imposes so much stress, allows for a better lifestyle, and a better marriage. Many clients comment that they are surprised how reasonably priced our services are for the impactful benefits on their life. If you want to change your life you must start traveling a new path.
Are you a debt settlement or a credit counselling agency?
NEITHER…we provide the education needed to effectively manage your finances and hold you accountable to take action. We teach you how to alleviate your debt with every available option. The dirty secret about debt settlement agencies is they don’t do anything for you that you can’t do yourself, and they charge you enormous fees for it. Credit counselling on the other hand is generally funded by Credit Card Companies. Yes…that said credit card companies…they want these entities to help you figure out how to pay minimum payments for the rest of your life and could care less about the rest of your financial success.
If you are severely in debt please see our resource page which provides some links to organisations that can help you free of charge.
What’s the difference between a Financial Coach and a Financial Planner or Investment Advisor?
Coaching deals more on the level of emotions, values, and goals. Financial Planners and Investment Advisors are more technically oriented and their advice tends to be biased towards products they represent. Coaching is different by dealing with the behavioral aspect to create real change that achieves goals surrounding ones financial life as a whole (and we don’t sell products). Most people have a wide range of content in their minds, but organizing and implementing it is a very demanding discipline that most people will never be able to put into action or bring a focus to on their own.
When and Where necessary it may be that you will need to speak with a Financial Adviser , Solicitor or accountant and this will be highlighted to you.