A financial coach is someone who will help you understand the basics of personal finance and help you develop and maintain healthy financial habits. Their main job is to empower their clients to reach their financial goals and learn how to handle their finances responsibly. They typically work with clients who want to save money, create a budget, pay off debt or just improve their financial literacy in general. Just like a coach for a sports team, a financial coach teaches you the knowledge and skills you need to play the game, helps you create healthy habits that improve your performance and then encourages you from the sidelines. Same idea, much different game. My goal as your financial coach is to get you started in finance – to learn more about what it involves and to develop healthy money habits. Most of the goals you make with your coach are short term goals. Eventually, you’ll be ready to venture out into the world of finance on your own. Or, even better, you’ll be ready for the next step – investing and managing the wealth you’ve accumulated.
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