Personal Financial Coaching – ongoing enrollment
Contact WSBP Director Carmen Tall to learn more
A coach offers support and hands-on tools to help you achieve the change you want. The WSBP Personal Finance Coach provides one-on-one individual coaching to help you look at where things are right now and where you want to go. Together, you’ll find a path that works for you because YOU own it! Whether you’re hoping to buy a car a few years down the line, plan for the inheritance you may be receiving, or can’t figure out how you’ll ever get out of debt, the WSBP Personal Finance Coach can help.
What’s the difference between a coach and a counselor?
There are different people and resources available to help as you travel your personal financial journey. They offer a variety of methods, products, and services. Often, these approaches complement each other. You may choose one type of professional at certain times in your life, and at another time reach out to others.
Here are Personal Finance professionals who may be able to help you:
- Counselors – typically focus on addressing a specific issue, such as fixing credit or buying a home, or achieving a finite, defined goal. They really know their stuff, and they’ll tell you what to do based on their knowledge.
- Coaches – with a coach, you’ll drive the agenda. A coach won’t tell you where you should be. Rather, you determine (with the guidance of a coach) the goals you’d like to achieve and the coach will work with you to define a path that works for you. The Personal Finance Coach will ask you powerful questions, rather than telling you what to do.
What it’s like to work with the WSBP Personal Finance Coach
We follow a proven process to help facilitate a good relationship between you and the WSBP Personal Finance Coach. Sessions are usually between 45 minutes to 1 hour, except for the first session. Throughout the sessions, you’ll build a trusting relationship with the coach. You will discover the accountability and support you need to achieve your goals. Here’s a sample of the first few sessions with a coach:
Session 1: Initial intake session
The first session typically takes around 1.5 hours. In the session, you’ll meet the Coach and chat with her about your current knowledge, interests, and circumstances. You’ll work together to create mutual agreements. She’ll give you clear information about what to expect. You’ll then schedule a follow-up meeting to start work!
Session 2: Dive into goal-setting
Here, you begin determining a path to take. You’ll need to do some data collection and analysis – all with the help and support of the coach.
Session 3: Build out your major goals and set mini-goals
Between sessions, you’ll check in with the coach to let her know how you’re doing. She might suggest other resources you might need in the meantime.
You can meet with the coach as often or little as you like. We typically suggest you meet with the coach at least 3 times in about 1.5 months. Then, you might check-in every few months, or you might check-in weekly. It all depends on what you need.