FAQ

Financial coaching is a process of helping individuals improve their financial well-being and reach their financial goals through education, accountability, and support. We work with our clients to identify their financial strengths and weaknesses, set financial goals, and create a plan to achieve those goals.

Financial coaching can help you gain a better understanding of your financial situation, set and achieve financial goals, and make informed financial decisions. Working with us can also provide accountability and support as you work to improve your financial well-being.

During our sessions, you can expect to discuss your current financial situation, your financial goals, and any challenges or concerns you may have. We will work with you to identify steps you can take to improve your financial situation and achieve your goals. You may also discuss budgeting, saving, and debt management strategies, as well as other financial topics relevant to your situation; such as investing and retirement planning.

Some potential benefits of financial coaching include: improved financial literacy, increased confidence in managing finances, reduced stress and anxiety related to money, and the achievement of specific financial goals such as paying off debt or saving for retirement.

The frequency of our sessions can vary based on your needs and goals. Some clients may meet with us weekly or biweekly, while others may meet monthly or on a less frequent basis. We will work with you to determine the best schedule for your needs.

Some common financial topics that financial coaches may cover include budgeting, saving and investing, debt management, credit improvement, and retirement planning. However, the specific topics covered may vary depending on the individual’s needs and goals.

The length of financial coaching can vary depending on your goals and the complexity of your financial situation. Some clients may only need a few sessions to get on track with their finances, while others may need ongoing support for a longer period of time. It’s important to discuss the expected length of the coaching process before we start. Typically, our clients work with us on an initial six month basis.

The financial coaching process typically involves several steps:

1. Initial consultation: During the initial consultation, the we will get to know your financial situation and goals, and discuss what you hope to achieve through coaching.
2. Goal setting: We will help you to set up specific, achievable financial goals.
3. Action planning: We will work with you to create a plan of action for achieving your financial goals. This may include setting a budget, creating a savings plan, paying off debt, or investing in retirement.
4. Implementation: We will work together to implement the action plan and make progress towards your financial goals.
5. Ongoing support: We will provide ongoing support and accountability as the you work towards your financial goals.

Yes, we offer virtual coaching sessions through video conferencing or phone calls, which can be convenient for individuals who are unable to meet in person.

The cost of financial coaching can vary depending on the specific services being offered and the length of the coaching program. We offer packages and monthly retainer fees. We have this system in place to give you the flexibility on how to work with us. You will know the full amount that you will pay and can decide upfront or on monthly basis.

Whilst we have experience in financial planning and advice, THE LOADING CIRCLE is not able to provide advice on specific financial products or investments. However, we can often provide guidance on how to make informed decisions and help you understand the pros and cons of different options.

Financial coaching tends to focus on the present and immediate future, and is geared towards helping you set and achieve specific financial goals. Financial therapy, on the other hand, is more focused on the emotional and psychological aspects of money, and may involve exploring deeper issues related to money such as past experiences or beliefs. Financial planning typically involves creating a comprehensive financial plan for the long-term, including investing, retirement planning, and estate planning. That being said, we at THE LOADING CIRCLE take attributes from all three to give guidance and provide a comprehensive plan of action to help you gain peace of mind that you are moving forward towards your financial goals.

If you’re not sure where to start with your finances, we can be a great resource. We can help you assess your financial situation and set achievable goals, and provide support and guidance as you work towards improving your financial wellbeing.

There is typically no minimum income or net worth requirement to work with us. We can work with individuals at most income levels and financial stages.

Yes, we offer a range of resources and tools to help you manage your finances. These may include budgeting templates, financial planning worksheets, and access to financial education materials.