Financial Coaching Module 1

COACHING PRACTISE

Difference between financial coaching and financial advice?

Financial coaching will allow you to dive into the emotional, behavioural, and educational side of money. This approach does require more hand-holding, keeping the client accountable, and devising ways to help the client embrace new habits that will support their financial goals. That is because the ultimate goal of coaching is to teach clients how to fish—to get them to the place where they have the basics down, and don’t need my help anymore.

Financial advisors focus on the benefits and how the product works. Followed my annual reviews

Financial advisors are regulated. Commission

Financial coaches have not a regulated body. Fee