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Financial Coaching focuses on client strengths and opportunities while closing the gap between where you are today and where you would like to be. It focuses on the day-to-day money management, effective goal setting and the establishment of cash flow systems to ensure that you remain on track to live your best financial life.
Financial Advisors typically focus on long-term planning and asset management. They also have the ability to broker/sell various products (insurance, stocks, bonds, mutual funds, etc.). Wealth Driven Mindset does not sell any financial products nor do we earn any commissions based on the guidance we provide. We charge only for our time and strive to educate our clients on the foundations of financial stability including smart organization, healthy communication and implementation of proven systems.
Although several of our clients opt to work with us while self-managing their assets, it is also common for clients to work with us on the establishment of effective habits and systems while also partnering with a Financial Advisor for the management of their long-term assets.
Wealth Organization and Stage-of-Life Planning are terms we use at Wealth Driven Mindset to describe planning as it relates to organization and communication strategies for varying stages of life. We believe that your organization and communication needs will vary depending on where you are at and what you are working to accomplish.
Wealth Driven Mindset was first created with the sole focus of helping families effectively organize and communicate with loved ones and other trusted contacts about all of their important information relating to end-of-life planning in the event of unexpected (or even anticipated) death. Although Wealth Driven Mindset has expanded to offer financial coaching services to individuals and small businesses, stage-of-life planning remains at the center of our philosophy.
We believe that proper planning should be considered throughout life’s many transitions. More common stages include marriage, divorce, career change/considerations, business expansion or consolidation, educational planning, relocation, family planning, end-of-life preparation and inheritance strategies.
As you would hire a personal trainer at the gym to help you set realistic goals based on where you are today and create a fitness plan to achieve them, you hire a Financial Coach to help with your financial goals and progression. Your Financial Coach will hold you accountable and challenge you when appropriate just as you should expect from your personal trainer at the gym.
Our client relationships start with a complimentary 15 minute phone session to ensure that we are the proper fit. There is no obligation to work with us, and we will outline all options applicable to your situation. In some cases, we might recommend that you start with one of our workbooks to ensure that you minimize cost and maximize the impact of your personalized coaching program. In other situations we might recommend you to a different financial professional (CPA, Estate Attorney, Financial Advisor, etc.) who is better suited for your situation.
No, budgeting is not all we do. In fact, we focus on establishing long-term routines and systems instead of the traditional budgeting methods that you might have come across and applied unsuccessfully in the past.
Click here to learn more about what we do and don’t do for our clients.
It is important to us that we provide access to wealth education at no cost to our community, so we provide a number of complimentary videos, workbooks and blog resources on our website. Our financial coaching services cater to those who want to establish a personalized system and get more aggressive in accomplishing their personal goals.
We have discovered that our coaching clients see greater results and that the investment is worth making as we strive to save you more in your budget than the fee you will pay.
Absolutely. We work with clients across the country, so we regularly use web conferencing to create a personal experience regardless of your location. All you need is a computer and internet. We will take care of the rest and provide the simple instructions before your first coaching session.
With Financial Coaching, our focus is on you! We do not sell investments or insurance, nor do we earn commissions from any third-party investment or insurance products. Although we are unable to recommend specific investments, we will take the time to educate you on the basics of a stock, mutual fund, ETF, bond, etc. when it’s appropriate to your personal situation.
Likewise, we can ensure that you understand the fundamentals of insurance and why it may or may not be appropriate to your current situation. We can also recommend you to other professionals who can broker services on your behalf, if it is of interest to you and fitting to your situation.
No, you do not have to commit to a specific number of sessions. Although we often provide promotional pricing to clients who opt to commit to a specified number of coaching sessions, our programs do not come with any time commitment. Our programs can also be customized based on your individual goals. Thus the time you invest will vary depending on your personal situation.
Not everyone has the same financial story or future goals, so individuals hire a Financial Coach for different reasons. Some of the more common reasons that people work with us at Wealth Driven Mindset include:
- Desire to establish routines and implement systems to increase likelihood of financial success
- Interest in getting financially organized so they know where they are today
- Limited understanding of how to manage money in life or business
- Interest in increasing healthy conversation about money with spouse and family
- History of overspending or under earning
- Interest in getting ahead of their finances
- Professional financial opinion on stage-of-life planning (college selection, marriage/divorce, purchasing a new home, changing careers, end-of-life preparation, etc.)
- Second opinion to their current DIY strategy
We are paid based on the time that we commit to our clients. We are not compensated based on the recommendation of any financial products. This ensures that our recommendations are fully unbiased and that we remain as your fiduciary throughout our partnership with you. We also earn revenue from the sale of financial workbooks and resources available on our website.
If you are interested in the pricing associated with our coaching programs, click here to learn more.
We begin every relationship with a complimentary 15-minute phone session in order to ensure that we are a good match. This abbreviated first session comes at no cost to you and there is never an obligation to work with us. Click here to schedule your session and we will reach out to you directly.
