Lesson #124-What is Financial Coaching Exactly?
I got into Financial Coaching back in 2010, not because I knew everything there was to know about how to handle money or because I was going to make a full time gig out of it.
I got into Financial Coaching because I was tired of seeing those I know and care about make unwise financial decisions that either hurt them in the moment or gave them a higher degree of financial risk in the future.
Since getting into coaching my style has evolved and I have a better understanding of what works and what doesn’t work. I’ve coached a lot of different people from a wide range of income, marital status, stage of life they are in, and financial situation.
I’ve also learned that there is a specific client type that I work best with and who usually gets the best results. Those characteristics are those who
But enough about me, why do I share that with you today? Because on today’s lesson we’re talking about what financial coaching Is and what financial coaching isn’t. When I first got into coaching, people would ask me all the time what the difference was between financial coaching and financial planning and I really didn’t have a good answer. But over time I have a better understanding on the differences
What financial coaching is:
With that being said financial coaching is not:
So with that being said, what can you expect from this show, considering it is titled the JW’s Financial Coaching Podcast? The podcast is me taking scenarios and situations that I have seen working with clients and turning them into teachable lessons in verbal form. Because it is a medium for all to listen to I try to cover all financial situations but I can’t personalize it for each situation. My hope is that you can get bits and pieces of each lesson and apply it to where you are currently and ultimately this show is an encouragement to you to continue to make changes in the way you handle money.
Know that you have a better idea of what financial coaching is, if you would like to work with me one on one please fill out the financial overview form and we can set up a time to chat over the phone to better learn about your situation.
Today's quote of the lesson is brought to you by the JW's Financial Coaching Newsletter
“A coach is someone who tells you what you don’t want to hear, who has you see what you don’t want to see, so you can be who you have always known you could be” ” ~ Tom Landry
Enjoyed this lesson? If so, please consider taking a few minutes to leave a review of the show either in Stitcher SmartRadio, or iTunes. For a step by step video of how that works, please watch this video on how to leave a review in iTunes.You can subscribe to future podcasts through Stitcher SmartRadio or iTunes, Google Play or by downloading the iPhone app. Or you may listen to the podcast on the JW's Financial Coaching Facebook Fan page.
It is Free