Whether you’re trying to get fit, grow your professional value or increase your financial health, everyone needs a little help now and then to stay on track, focus on long-term objectives or even just to maintain enthusiasm. A coach provides this support and improves your chances of a great outcome. A coach will push you, teach you and motivate you to achieve your goals.
Many prefer to work with a personal trainer for fitness because the workouts are more directed and productive. You can concentrate on staying on track and doing what needs to be done rather than wasting energy figuring out what to do. This concept is the same for all coaching, but especially financial! When you find the right financial coach, you’ll feel comfortable sharing your fears, hopes and dreams. The right coach is someone with whom you can be honest, accountable and who, in return, challenges you to keep moving forward.
Sometimes It Pays To Have Help
A coach is a lot like a mentor, in that working with someone who’s been there and knows the steps you need to take, is extremely helpful. Unlike a mentor who merely provides advice and encouragement, a financial coach doesn’t just help you establish actionable items to improve your financial health. They also assist in determining and setting personalized goals. A properly qualified financial coach also performs the research and investment analysis that will grow your accounts more quickly.
What Can’t A Financial Coach Do?
Just like any coaching, or even mentoring situation, a financial coach can’t do all the work for you. A coach helps you plan, inspires you and even challenge you—if you’re considering giving up. But the bulk of the effort and sweat must be yours. That also means that, although you might give your coach credit and gratitude, the responsibility for achieving your goal is yours as well.
Is A Financial Coach Right For Me?
Even the most studious person can’t be expert at everything. A coach helping you on your journey to Financial Freedom lets you to focus on what you’re good at. Working one-on-one with a guide who has experience and know-how also takes away some of the stress of wondering if you’re taking the right steps at the right time. You’ll definitely be investing with confidence.
And as you continue down your path to Financial Freedom, you’ll learn vital information from your financial coach that you can transform into success in your own life.
Erin is the managing editor of MindShift.money and the owner of Lane Change Media. As a business owner and content provider, she takes her personal motto, “Don’t slow down, just change lanes” seriously. She lives in Los Angeles and has far too many pets.