Money Coaching is not financial services; it’s “people services.”

It is a practice dedicated to helping people reach their fullest potential by achieving financial self-sufficiency.

Money coaching is the marriage of behavioral economics (people’s biases and behaviors relating to money) and sound money management skills implemented for the sole purpose of achieving your most important goals in life.

Very few financial professionals are offering coaching to their private clients, since the emphasis of coaching is on education and self-improvement, not on product sales.

Advisors from big, national firms can’t afford to offer coaching services because it doesn’t fit the corporate models of their big banks and brokerages. As a result, authentic money coaching has become the province of independent professionals. Its no surprise that most qualified money coaches have a background in traditional financial services.

In its ideal form, money coaching helps you discover your unconscious and destructive beliefs, biases and behaviors that have held you back from making smarter money choices, and your  money coach will help you reach your financial goals such as how to build savings, create a financial plan or pay down debt. 

As your behaviors change, and your financial literacy improves your money coach can help you identify what drives your personal financial decisions, develop healthier attitudes about finances, and create dependable lifelong habits.  

Money Coaching is a highly personalized process and is designed to deliver exactly what you need it to deliver toward achieving your most important goals in life.

For instance, if out-of-control spending is your downfall, your coach may have you do some self-examination about what goals are truly important to you, examine your current spending patterns and develop a better strategy to ensure you improve.  

Your BreadFix money coach can help you:

Fix the Investments. From a purely functional perspective, the coaching will help you get out of debt, structure a workable budget, find the best investment solutions for your particular goals, or structure the best possible retirement planning strategy, to name just a few. This simply means fixing the investments so they work harder for you. Fixing the investments means that you must stop trying to BEAT the market, because in the long run you won’t. It’s not the solution to achieving financial self-sufficiency. 

Fix the Investor. From a behavioral standpoint, the coaching will help you to modify or eliminate the behaviors and biases that have caused you to be fearful or hesitant when making financial decisions. The objective is to eliminate destructive, loss-producing habits and become an emotionally intelligent investor, which is far more important than merely picking the right stock. This means fixing the investor.

That depends on you!

Coaching success comes down to your expectations and your openness to being coached, and your coach’s ability to know what drives you.

Some people are simply not “coachable” because they’ve had some bad experiences with other “professionals” using manipulative sales tactics. It happens, and their defensiveness is understandable.

Clients come to learn that money coaching is not just another wolf in sheep’s clothing, and its not a product.

Its a process centered around self-improvement.

A successful money coach is one you don’t need anymore!

Client self-sufficiency is the singular desired ultimate outcome of money coaching, the state of being where investors no longer depend on Wall Street or its brokers and agents, having developed the emotional composure and intellectual ability to make their own money decisions based on their objectives-based financial plans.

It means fixing the investor. It means fixing the investments. It means fixing the money. It means fixing the future.

If you’ve worked with a traditional investment broker, adviser or financial planner, you already know they may or may not add value, and what a money coach can bring to the table may not be quite as apparent. The principles of coaching tell us that our clients already have the instinctual ability to determine and achieve their goals, but often don’t achieve them because they may have emotional biases and behaviors that destroy their ability to move forward. Coaches and clients share the same goal:  Investor Self-sufficiency.