Financial Coaching

A financial coach helps people with the fundamentals of money management.  They work to improve people’s relationship and understanding of money.  Financial coaches educate on the basics of personal finance and work with people to create a plan that’s aligned to their goals and values.

Some Realities

Most Americans live paycheck to paycheck, leaving them in a tough situation when emergencies happen, whether or not they have savings in place. Major car repairs and medical bills come up, but most people are forced to borrow to cover these unexpected expenses. That’s when the financial pain begins. Millions are languishing in debt and are stressed about how to pay for it all. It can be an incredible drain on their wellbeing and productivity at work.

 

People of all levels of income and education have financial problems, usually because of poor habits, unfortunate circumstances, or not enough financial education. While this may not seem like a workplace issue, it is. The financial stress your employees are facing can have a cascading effect on absenteeism, morale, productivity, and your bottom line.

 

Fifty-three percent of all employees are stressed about their finances (2017 PricewaterhouseCoopers survey) and nearly one in three employees say finances have been a distraction at work. Almost half of those employees spend three or more hours a week handling their personal finances at work. Stressed employees are also twice as likely to miss work because of their personal financial issues and more inclined to cite health issues caused by financial stress. Financial wellness as an employer provided benefit is becoming much more common. Eighty-one percent of employers recently surveyed by AON Hewitt indicated, “it’s the right thing to do for their employees.”

Financial Coaching Works

Coaching can help you become financially confident and position you for success.

You can enroll in our Academy Coaching Program which gets you full access to the Academy and two Financial Coaching sessions a year for $45 a month or $500 annually.  Get started here or enter your information and we’ll get in touch.

You’re someone who can become financially successful-let’s go!

Get me information about coaching!