How to Find A Financial Coach


People want financial security, but they do not want to budget, live below their means, or manage their investments. Having someone to help you along the way with creating and implementing a money plan can make all the difference. That someone should be a certified financial coach.


Financial coaches are personal trainers for your money in the following ways:

  • Guide you to set financial goals and a money plan to reach those goals

  • Hold you accountable

  • Raise the bar to meet advanced financial goals.



Financial coaches help their clients understand personal finance concepts, increasing their knowledge and confidence regarding money. Financial coaches' areas of coaching include:

  • Budgeting 101

  • Creating a debt payoff plan

  • Basic financial planning


A financial coach is there when clients need someone to walk with them throughout their financial journey. Financial coaches fill a critical and often overlooked gap in the personal finance world, helping clients with these foundational personal finance lessons. A few sessions with a financial coach can help you set up a successful financial future.


Picking the right financial coach to help you can be a challenging task, but we are confident that we have the right coach for you. At Savings Jar, we work with accredited financial coaches who have been certified by major financial coaching certification programs. So, in this article, we will be discussing how to find the right financial coach for you.


Step 1: Decide on what is your money goal.

While each of our coaches is equipped to help you with any question or issue, most specialize in certain areas. With Savings Jar, you can find the right financial coach for your financial goal. Common goals are paying off debt, paying off student debt, or in general, how to budget.


Whatever your money goal may be, going into a financial coaching session with a precise topic and goal in mind helps both you and your coach decide on a suitable action plan. Once you pick your goal, start browsing coaches in that area. With the Savings Jar app, clients can sort through financial coaches by areas of specialization and types of financial coaching certifications.


Step 2: Decide Your Budget

The next step is to decide how much you are willing to spend on a financial coaching session. Different financial coaches charge different rates based on their experience level, financial coaching certifications, and how much they value their time. These rates vary significantly from financial coach to financial coach. Once you decide how much you can spend on a financial coaching session, that will help you pick your perfect financial coach. Many coaches do offer free introductory sessions to help you get started.


Step 3: Look At Certifications

The last step we will list here is to look at your potential financial coach's certifications. While all of the coaches on our platform are certified, there is more than one type of certification.


  • Certified financial coaches for basic financial coaching

  • Certified Financial Planner (CFP) for a more in-depth session that includes a comprehensive financial plan including investing, insurance, and debt.

  • Certified Public Accountant (CPA) for a very analytical approach to your finances

  • Certified Financial Counselor for focusing on recognizing and fixing negative money habits.



Conclusion

Working with a financial coach may be exactly what you need to get your finances on track and change your financial future. No matter your question or current financial situation, a certified coach is ready to help you.

11 views0 comments