Financial stress is sadly becoming very widespread. In a recent poll, over half the people questioned said they were “stressed” about their finances. Yet asking for help can be difficult and knowing who you can trust can be even harder.
Financial challenges can occur at many times in our life – getting married or separating, taking time away from work because of illness or raising a family, buying or selling a home, unusual or unexpected expenses, transition to retirement, redundancy or reduced work hours or the passing of a partner or spouse.
Understanding financial concepts can be very confusing. Our financial coaches provide confidential guidance and support to expertly and respectfully guide you back to financial control.
How can financial coaching help you?
Financial coaching will help you understand and manage your money, by:
- teaching you financial skills that will last your lifetime
- creating a personalized action plan to manage your debt
- informing you on how to approach & negotiate with your creditors
- giving you practical information on your options and rights
- providing tools to help manage financial conflicts within relationships
What will happen when you speak to a financial coach?
During your first appointment, the coach will gain an understanding of your current financial position and what is important to you. The focus of this appointment is to identify the areas that require attention and start to create a resolution for you. Financial matters are very individual, so your appointment is tailored to suit your personal requirements.
The coach can work with you on a varied range of topics. Some of those may include:
| CRISIS MANAGEMENT | PREVENTATIVE & COACHING SERVICES |
|---|---|
| Budgeting & Debt Management | Financial Education & Information: |
| General money management | Planning to purchase a home |
| Stop living pay to pay | Understanding superannuation (general info – no advice) |
| Adjusting to a change in pay cycles | Transition to retirement/redundancy (general info – no advice) |
| Job loss or reduction in income | How to find the right finance professional |
| Bankruptcy/Debt agreement – the consequences and possible alternatives | Understanding investment options (shares/managed funds etc – general information – no personal advice) |
| Debt reduction ideas | Understanding credit contracts & your obligations |
| Negotiating with collection agencies | How to obtain a copy of your credit file |
| Disputes with financial institutions | |
| Divorce or Relationship Separation | Money & You |
| Repossession of vehicles | Reaching financial goals or milestones |
| Foreclosure of property | How to stop over shopping |
| Redundancy | How your money values affect your financial future |
| Excessive debt levels | Managing financial conflict in relationships |
| Loss of a partner or spouse |
How do I know if I need a financial coach?
If you have been thinking about taking steps to improve your financial knowledge or if you are feeling stressed or overwhelmed by your financial situation, please feel free to call us to discuss how we may be able to assist you.
Disclaimer: This service does not make financial product recommendations, promote any individual financial organization or approach, or provide personal financial advice on investments or taxation issues. We do not take the place of your solicitor, accountant, financial adviser or any other third party professionals.
