What is Money Coaching?

Before I explain what money coaching is, let me start by stating what it is not. I have been a financial advisor for nearly twenty years, and I can tell you for sure that money coaching is not financial planning! In fact, many money coaches have no financial background at all. I have written more financial plans, created more investment policy statements and given more tax and financial advice than I care to count. But the truth is most people will never realize the very plans they pay for. Why? Because if they don’t change their negative internal, hard-wired patterns around money, the greatest planning in the world will not result in success.

Money coaching is a rapidly growing field in which we help people become more aware of their behaviors and patterns around money. Like a holistic medical practitioner, we focus on the core issues – not the symptoms. Why are you overspending? Why do you feel guilt? Why are you anxious? Why do you ignore money all together? As I stated above, the solution isn’t a better budget, a better investment strategy or a better retirement plan.

Through a step-by-step process, Money Coaching will guide you to a deeper understanding of your unconscious beliefs and patterns that create stress, anxiety and fear and prevent you from having the life you desire. You will benefit from the following:

• Assess your “money type” and understand the impact it has on your life and your relationship with money.
• Learn to understand how your “money type” was formed and what you can do to change it.
• Rid yourself of money anxiety based on false beliefs and unconscious patterns.
• Change how you think and feel about money, so that you can unblock the flow of money into your life.
• Discover how money affects your relationships, both at home, work, and play.
• Develop peace of mind through creating a  balanced life – financially, emotionally and spiritually.

To discover your own money type, take the online Money Type Quiz here.

To learn more about Money Coaching, you can watch this video of a presentation I gave to the Westport, CT chapter of the National Association of Divorce Professionals:

https://www.facebook.com/DonaldsonFWN/videos/1375580839138857/

Or please feel free to contact me for a free, 20 minute consultation.