Personal Financial Coach Essay

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Are you wondering who a personal financial coach is? Well, a personal financial coach is an expert who has extensive knowledge of the debt, credit, reserve (saving), budgeting, retirement, paying for kids’ college, and spending money wisely. Even though they are not personal financial planners, they often educate individuals about different types of sensible investments and insurance.
Qualities of a Personal Financial Coach
• A personal financial coach who will sell you debt management plans or debt consolidation plans is a Bad coach.
• A personal financial coach who will work with you one-on-one to improve your financial crisis is a Good coach.
• A personal financial coach who will explain how finance / cash flow works and bust the illusions of debt is a Great coach.
• A personal financial coach, who is amiable with a heart of a good teacher and not a salesperson, is the Best coach.
Why do you need a Personal Financial Coach
All the famous actors, singers and sportspeople have a personal coach. Actors have acting coaches, singers have vocal coaches and sportspeople have training coaches. Without a personal coach to guide them, these famous people would have injured themselves, …show more content…
Recommendations from friends, family and colleagues can also help. Visit their website and see what they have to offer. The best personal financial coaches provide free consultations so take the advantage of it. Only after having a consultation with the personal financial coach, decide whether you want to hire him or her. In most cases, during the consultation itself, you will have an idea whether the prospective personal financial coach is right for you or not. Needless to say, but if you find that the coach might not be able to help you with your financial problems, you will need to consult another coach. Keep on consulting with different financial coaches until you find the right one for

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