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Financial coaching means providing one-on-one sessions with clients to help them meet their financial goals mutually set by the coach and client. Coaching is differentiated from counseling in that coaches are not “experts,” but instead they provide encouragement and monitoring over advice, and do so in a process largely driven by the client.
A Financial Coach is an unbiased accountability partner that help clients achieved client-defined goals, create and support specific actions steps and strategies to meet financial goals, and provide tools, resources, and referrals.
Financial Coaching is needed when desire to improve unhealthy spending habits, drowning in debt, or wish to achieve their financial goals.. Financial Coaching is also used when the client need guidance or an accountability partner to help them reach their financial goals. Financial Coaching is use either short term or long term depending on the clients needs.
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