What is financial coaching?
Financial Coach in Los Angeles
Financial coaching is the empowering process of teaching you how to make financial decisions and giving you the skills needed in order to confidently make those decisions. There's plenty of financial advice out there, but most of it is useless unless a person has been provided with a comprehensive education on financial matters. People make financial decisions each and every day, so it's important to have the knowledge in place to decide what's best for your specific situation
What does a financial coach do?
Think of your financial coach as your personal money trainer. Building a positive relationship with your money, helping your set your financial goals and upgrade them from time to time as well, and help you work towards achieving it too - your financial coach has all of these to offer!
Why is financial coaching important?
How much time do you truly spend on making financial decisions? Most people spend more time planning vacations than they do staying educated on their own finances. While this doesn't mean that wrong decisions are being made, are they the best decisions? Financial coaching is important because the more knowledge that you have, the better prepared you are now and in the future.
Financial coaching frequently asked questions
Who can benefit from financial coaching? Everyone can benefit. Whether you're struggling to get by or you're financially set in life, financial education and skill-building assist you in making financial decisions with confidence and ease. Samuel Rad provides financial coaching to top-level executives, mom and pop small business owners and everyone in between.
How can I be successful when receiving financial coaching? It's important to be open and honest about your financial picture. In order to give you the skills to help you get to where you want to be, it's important to know where you're starting from.
How much does it cost to receive financial coaching? Coaching fees are dependent on several factors and vary from client to client. On average, Samuel's coaching fees range from $200 to $2,000 per month.
Is a financial coach worth it?
There are several aspects in life where you find it challenging to stay atop all things. It could be career, business, managing relationships, or even sorting your finances!
Financial management could be pursued with attending workshops, joining online forums or related groups on social platforms, etc. But when you're up for doing it all by yourself, there could be one missing link. It's at this juncture, when you feel that you need more guidance, hiring a financial coach seems worth it. From helping you sketch a plan for, say, retirement to stay motivated (about the investments) through thick and thin, hiring a financial coach serves your purpose perfectly.
Now, you might ask how much does financial coaching cost? To be very precise, being a financial coach and a financial advisor is not the same thing. The coach usually does not handle the client's money and investments directly. So, there's no percentage that could be treated as the "fees". However, financial coaches do take an hourly charge for the services they provide you with.
The first step to financial empowerment is to contact the office of Samuel Rad by calling or by using the contact form. Sam and his team provide financial coaching services and retirement planning to Los Angeles, CA and the surrounding communities and they look forward to hearing from you.