Frequently Asked Questions
COACHING
What is financial coaching?
Financial coaching is a collaborative process where I help you set and achieve financial goals, improve money management skills, and make informed financial decisions.
How is financial coaching different from financial advising or planning?
Financial advisors focus on how your money behaves, while I am more concerned with how you behave with your money.
Who can benefit from financial coaching?
Anyone looking to improve their finances can benefit from coaching. People who are eager to change and open to guidance will benefit the most.
What qualifications do you have as a financial coach?
I am certified through Ramsey Solutions as a Financial Master Coach. More importantly, my life experiences have led me to this point, and my natural disposition allows me to analyze numbers and coach people effectively.
What can I expect during a financial coaching session?
During a session, we’ll discuss your goals and examine your current situation. We may explore strategies for achieving those goals and provide education to help you make better decisions.
I will never tell you what to do with your money.
Can you guarantee results?
Just as no sherpa can guarantee that you’ll reach the summit, no coach can guarantee results. The success of financial coaching depends on your commitment and willingness to implement the strategies we discuss. Coaching helps you build the strength to make those decisions on your own. We are committed to providing the best guidance, support, and tools to help you achieve your financial goals. Your active participation is key to making positive changes.
How long does it take to see results from financial coaching?
The timeline for seeing results varies depending on your goals and commitment. Some clients see improvements in their financial habits and outlook within a few weeks, while others may take several months to achieve significant milestones.
DEBT
Can financial coaching help me get out of debt?
Yes, financial coaching can be very effective in helping you get out of debt. I can work with you to develop a strategy for paying off your debt, prioritizing payments, and avoiding future debt.
Can you help me improve my credit score?
Absolutely. We can provide strategies and tips for improving your credit score. This may include paying down debt, correcting errors on your credit report, knowing when and if an account should be closed or settled, and building a history of on-time payments.
How do you differ from a debt relief agency?
As financial coaches, we focus on providing education, guidance, and support to help you manage your finances and achieve your goals. Unlike debt relief agencies, which may negotiate with creditors or offer debt consolidation services, we do not intervene directly with your creditors or offer debt settlement solutions. Instead, we empower you with the knowledge and skills to take control of your financial situation, create a sustainable plan for paying off debt, and build healthy financial habits for the long term. Our approach is holistic, addressing all aspects of your financial life, not just debt.
OTHER GOALS
What if I have a specific financial goal, like buying a house or retiring early?
Great! I can tailor my coaching to focus on your specific goals. Whether you’re saving for a down payment, planning for early retirement, or any other financial objective, I’ll help you create a clear plan to achieve it.
Do you provide advice on budgeting and saving?
Yes, budgeting and saving are key components of financial coaching. I can help you create a budget, identify areas where you can cut expenses, and develop a savings plan that supports your financial goals.
Is financial coaching suitable for small business owners?
Absolutely. Small business owners can benefit from financial coaching in managing both personal and business finances, setting financial goals, and improving overall financial health and cash flow.
GETTING STARTED
How do you charge for your services?
I offer various pricing models, including hourly rates and package deals. During your initial consultation, we will discuss the best option for your needs and budget.
Do you offer a free consultation or trial session?
Yes, we offer a free initial consultation to discuss your needs, answer any questions, and determine if financial coaching is the right fit for you.
How can I get started with financial coaching?
To get started, simply contact us to schedule your free consultation. We’ll discuss your financial goals and needs, explain our process, and set up your first session.