What is a financial coach? Why coaching?

It doesn’t matter if our goal is to lose weight, see personal growth or to get our personal finances in order. When it comes to pursuing our goals, I have found that we have two huge disconnects that prevent us from succeeding.

This is the first disconnect: there is too much information out there for us to get a good handle on our finances.

We have no shortage of information readily available to us. The problem is that there is so much it is very difficult to sift through it all. What information is relevant to me? Is it fact or fiction? Is it academically sound or opinion with no proof?

This is information overload. This is paralysis by analysis. There is so much information that we end up not taking any action at all.

Why is this significant for financial coaching?

Since we are overwhelmed, we decide that doing nothing is better than doing the wrong thing.

But doing nothing is not always the best thing.

For years, the solution to this problem has been to get a financial planner or advisor. The planner gives us a plan and a course of action and says, “Here it is! Go do it!”

Then, we take it home. We put it on a shelf. We may even do some of the recommendations. But, eventually we forget about it, and carry on with our lives.

This leads me to the second disconnect: Even when we know the right thing to do, we have a hard time actually doing it.

If I want to lose 30 lbs before Christmas, I must eat less and move more. But, I can tell you from personal experience that I am not good at doing this on my own. In fact, if I’m honest, I simply cannot do it on my own.

To do this, I need accountability. I need a fitness coach. This is what would keep me on track and help me reach my goal.

Financial coaching is this same idea, applied to our personal finances and investing. A plan does need to be made, steps do need to be drawn out, and we need to take action.

This is where I come in. I am a financial coach who can help you pursue your American Dream. I can help you draw up a lifelong game plan. I can help you build a portfolio personally tailored to you.

More importantly, I am a financial coach who will check in with you, walk with you, encourage you, and help keep you on track towards your goals and dreams. If you are someone who needs this kind of a financial planner or investment advisor, let’s talk.