Financial Coach vs Financial Advisor
What is the difference between a Financial Coach and a Financial Advisor? The Financial Coach comes before, during, and after your need for the Financial Advisor. The coach focuses on education, growth, decision making, managing money, budgeting, getting out of debt, planning, and, giving. The Financial Advisor invests the money you already have. The coach helps you get the money/positive cash flow to begin with. The Financial Advisor focuses on the numbers, the portfolio. The coach focuses on the behavior behind the money.
Keys factors necessary before working with a Financial Advisor is to be OUT-OF-DEBT and to have 3-6 months in an EMERGENCY FUND saved. The Financial Coach will help you to get out-of-debt, budget, and save so you can work with a Financial Advisor to build wealth and give!
Understands the situation
Reider Financial Coaching is a company of The PJR Consulting Firm