FAQs
Frequently Asked Questions
Why would I work with a financial coach rather than a financial planner?
As a financial coach, I will help you understand where your money is going, figure out where you want it to go, and help you set up and use a system to make sure you meet your goals. Together, we’ll focus on money mindset, creating and sticking to a spending plan, paying down debt, and building up savings for travel, a home, your children, or any other goals you may have.
If you want someone to give you investment advice, to manage your assets, or to work with you on a long-term retirement plan, you need a financial planner, not a financial coach.
How do you get paid?
My clients pay me a fee for my services. That’s it. I never receive a commission for any product I recommend or service provider I refer, so you can be sure I never have a conflict of interest. I only give advice that is in the best interest of my clients.
Why should I pay for financial coaching when I’m already struggling with money?
Good question. I encourage you to try getting your finances under control on your own. If you’ve made good progress in a few months, hooray!
If you’re like a lot of people, however, who need guidance and accountability to change the way they spend and save, then you will likely make back my fee during the coaching program, in expenses cut, increased payments to get rid of debt faster, additional savings, and even extra income.
You’ll also implement practices and new ways of thinking about money that will net you thousands and thousands of dollars over your lifetime. I can’t guarantee that this will happen, because it’s up to you to implement what I suggest! But I’ve seen these kinds of returns over and over and over.
How much does coaching cost, and do you offer a payment plan?
I offer a one-time, 90 minute Financial Reset Intensive for $375 – a small investment that can catalyze major change. During the Intensive, we go over your numbers so you gain a sense of where your money is going, and we craft an initial spending plan.
If you need longer-term coaching, I’m accepting a few clients for my All-In program – 10 one-hour sessions over the course of 5 months, for $2,500. There may be a waiting list for this program.
For the All-In program, you can either pay upfront or with a deposit of $1,000 and then three subsequent, monthly payments of $500.
Will we meet in-person or online?
Our sessions will take place on Zoom. As we will be sharing screens, a cell phone won’t work for our meetings.
To make the most of our meetings, please make sure you are in a private, quiet environment with a good internet connection. Please do not join from your car or a coffee shop.
Do you only work with people locally, or can you take on clients from afar?
As our sessions are on Zoom, I can work with you no matter where you’re located.
Only people with low incomes need financial coaching, right?
Wrong! My clients’ incomes range from moderate to very, very high. A higher income doesn’t necessarily equal freedom from financial problems.
If your income is low and you’re struggling to pay the rent and put food on the table, I won’t take a fee from you. Instead, I will likely refer you to a non-profit to help you; occasionally, I take on a pro-bono client.
Does the information I share with you remain confidential? What if a relative is gifting coaching to me – will you share my information with them?
I will never share any of your information with a third party unless I have express, written consent from you. The person with whom I work is my client, no matter who pays for coaching. So even if a relative pays my fee, I will not share any of your information with them unless I have your written permission.
How can I sign up my young adult child (or myself!) for one of your financial education classes?
Contact me for a free consult. When you put together a group of three or more participants, I will schedule the class at times that work for your group.