Financial Coaching Module 1

VALUE ADD

What is the value-added service financial coaching offer?

According to Garrett Philbin, financial coaching focuses on…

Fears and anxiety about money change lives by uncovering critical beliefs and issues, reduce anxiety by overcoming obstacles, and help the effective use of money in alignment with real goals. financial decisions money beliefs and emotions goalsetting educating clients on the basics of personal finance, creating a spending plan that will reflect on values and goals, creating positive habits, setting financial goals, determining client behaviour, empowers clients to take responsibility for their behaviours and decisions exploring the client's money habits, decision-making by taking a holistic view of the financial situation, supporting the client’s continual learning and growth and serving as an accountability partner throughout the process, holding them accountable to their stated goals and directives (which can change with time). So, for example, they will ascertain if you are a saver or a spender, or if you like sticking to a budget to help empower and give you confidence to make your own financial decisions. This could be done by using a financial tool.