When it comes to financial counseling, there are different approaches that a counselor can take depending on an individual’s financial situation and goals. Three common types of financial counseling are preventative, productive, and remedial. Each approach focuses on a different aspect of financial well-being and can provide valuable guidance and support. Let’s look closer at … Continue reading “Three Types of Financial Counseling”
I have made just about every mistake that you can make with money. I share three thoughts on spending plans to help others avoid some of the pitfalls that come from not knowing how to and mismanaging money. Spending plans may not be sexy but they will take you places if you follow them and … Continue reading “Three Thoughts on Spending Plans”
Financial coaching is a personalized, goal-oriented approach that differs from traditional financial advice or financial counseling in several key ways. Below are four ways financial coaching differs from financial advice; financial coaching vs. traditional financial advice. Focus on the Client’s Financial Goals First, financial coaching focuses on the client’s specific financial goals and aspirations rather … Continue reading “Financial Coaching Vs. Traditional Financial Advice”
Creating and working on your spending plan is a way you manage your money better, and below are five tips for a better spending plan. There are many benefits to creating a spending plan. For all the pitfalls and changes that come when creating and working with a spending plan, here are some tips that … Continue reading “Five Tips for a Better Spending Plan”
Managing your money can be difficult, but it is essential to achieving your financial goals in 2023. The beginning of the year is a great time to prepare and plan to manage your money better in 2023. Often, we need better planning with personal finances. And then we get frustrated and quit, all the while … Continue reading “Four Tips to Help Manage your Money in 2023”
