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Showing posts from November, 2019

What is financial coaching?

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PEOPLE SEARCHING FOR financial advice may run across the terms financial coach or financial advisor and may not realize the services and costs of these two financial service providers are indeed different. Which is right for you right now?  Financial coaches help people struggling with their budgeting, understanding credit, among other money issues such as debt management or debt reduction plans. Maybe the opposite, creating habits and mindset to become a millionaire or retire early. A personal finance coach helps guide people of different situations to not only financial freedom but to a secure financial future. Financial advisors help people with investing advice – how to plan and invest. Financial coaches only offer advice and aren't licensed to sell investment products. People seeking a financial coach should review the person's credentials. This type of guidance and expertise is a new approach.  Something different, in our opinion, than Dave Ramseys programs. Financi