When Should Someone Consider Hiring A Financial Coach?

Sometimes, regardless of how many budgeting apps you download or personal finance books you read, you still end up feeling stuck. That is where a financial coach can enter and help guide you back on track. However, when would be the ideal time to employ one to manage your money?

 

·         You're living paycheck to paycheck

·         Your money don’t stay in your hand

·         You're struggling with debt

·         You want to save

·         You need accountability

 

Ø  You're living paycheck to paycheck

 

If you barely make it from one paycheck to the next, struggling to save anything at the end of the month, a financial coach can help you break that cycle. Workplace mentor Auckland will develop strategies to free up extra cash so you can start saving and stop stressing.

 

Ø  Your money don’t stay in your hand

 

Ever check your bank balance and wonder where all your money disappeared? If you're constantly swiping your card without a clear understanding of how much you're spending, financial coach Auckland can guide you in tracking your expenses.

 

Ø  You're struggling with debt

 

It may be credit card balances, student loans, or personal loans, but debt is never-ending. A financial coach like Amanda Morrall won't tell you to "pay it off" but will guide you in formulating a debt repayment strategy like the snowball or avalanche method so you can pay it off in the most efficient way possible.

 

Ø  You want to save

 

Saving money sounds simple, but actually doing it can be tricky. If you’re unsure how much to save or where to put your savings, workplace mentor Auckland can help you create a personalized savings plan.

 

Ø  You need accountability

 

Sometimes, we know what we should be doing with our money, but we just can't muster up the discipline to get it done. Financial coach Auckland is sort of like a personal trainer for your finances.