I’ve been a finance coach since 2016 and since then, I’ve seen a huge increase in the number of financial coaches offering services.
This is a great thing! It means more conversations around financial literacy are showing people that there is outside help for your money, budget and overall financial situation.
Financial advisors help you keep and grow your wealth, but financial coaches help you lay the foundation to start building wealth.
That’s why I’m so excited to talk with another financial coach today – Nicole Stanley from Arise Financial Coaching.
Nicole and I are going to discuss the rise of financial coaching, what benefits come from this type of coaching, and so much more!
Here’s a glance at this episode:
- [05:46] Nicole started helping friends and family manage their budgets and retirement plans before starting her coaching company.
- [14:56] Nicole can see what a joy it is to spend on experiences now, when in the past she was very rigid with indulgences.
- [22:48] Nicole and Raya believe that people need to commit to doing the work when seeking out financial coaching assistance.
- [34:00] People aren’t always used to paying up front for services, but financial coaches can help bridge that knowledge gap.
- [41:14] Nicole breaks down toxic frugality and how people can identify their values and spend accordingly.
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Resources mentioned in this episode:
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