Like it or not, money plays an integral part in our daily lives but for most of us, our relationship with money and our finances is not straightforward. Perhaps you don’t perceive yourself as being very good with money, are constantly in debt, or find the financial side of life very stressful. In which case, financial coaching may be like lifting veil, providing you with insights and opportunities you didn’t know you had, demystifying your finances and freeing you up to achieve more with your money.
What is financial coaching?
A financial coach helps individuals, entrepreneurs and business owners with money-related issues. Normally (but not necessarily) done by way of regular one-to-one sessions, the aim is to help you understand what is behind your financial behaviour, clearing away some of your mental or financial blocks and helping you to tackle your financial situation, as well as helping you to identify and then achieve your financial goals.
How will you benefit?
There could be any number of things holding you back, but often with the aid of financial coaching these can be overcome. We start by demystifying the financial world which we know is full of jargon and often feels unreasonably complex. We’ll also tackle any anxiety or bad habits you may have about money and set in place a step-by-step plan. This can bring you much needed peace of mind as well as opening up financial opportunities you didn’t know you had.
Our financial coaching approach
Money has the ability to hold us back or help us achieve our goals. There is a broad range of things that financial coaching can help with, and these include helping you to:
- Identify any issues you have with money and what is the cause (and affect) of these
- Identify and achieve clearly defined financial goals
- Develop an action plan for achieving your goals
- Identify and improve any bad financial habits
- Monitor your progress
- Hold you to account and identify any useful tools or resources