Do I need professional help to manage my money?

MR. Google is there, there are tons of books available both need Financial Coach at all?

With the advent of free information, yes, you might not need to hire someone to feed you your needed knowledge to handle your money in making, growing and protecting it. All you need to do is to ensure that you have good access to the internet. But if you want to be successful in ensuring

the knowledge available is not the key anymore. The true secret lies with how to segregate the important and irrelevant information at your hand.

Just like Mitchel Kapor once said, “Getting information off the internet is like taking a drink from

reason why despite all available knowledge on the web, many Filipinos remain a victim of the rampant scams. We should be ex

citizens in our country, but money

across the board these days. The lifestyle of the Filipinos seems to be improving. The number of the middle class is increasing every year. The problem is that most of us have money management and debt problems. That is because

services that are widely available are highly focused on how they can sell to the client, not really on how they can help them. For that reason, many Filipinos are now afraid to seek advice for they are confused about to whom they can turn for help.

Despite the challenges that the

someone to help you would spell a huge difference in a problematic to a great future ahead. Financial the gap that we might be lacking or fail to understand from a free knowledge society. The chief aim of a wealth coach is to provide pertinent knowledge that his or her client needs in a collaborative approach. The decision-making should not be left to the coach but be empowered by him or her. As an RFP ( registered financial planners), that’s what we normally

- mation into action and serve as our client’s accountability partner in the development and imple

The problem arises when the expectation is not properly set. Some clients expect that simply because they have a financial coach, they could leave all the decision making to their coach. Once the plan tumbles, they will put all the blame on the coach that they hire. Others hire a coach yet they allow their procrastination to get in the way and leave all the agreed action plan hanging. Then when the time of reckoning comes, they will blame everybody except themselves. Being honest with your coach during your coaching session will help you avoid mistakes and control procrastination

big time. While some coaches tend to promise heaven and Earth to ensure that their client will become multi-millionaire in an instant just to close the deal. If you feel that eagerness from your coach, the right thing to do might be to run immediately to save your future from imminent failure.

One reason why some hate

that they think that this

is about

What they don’t understand is that

- ment, life-balance and responsibility. Having the right plan with the right coach will enable you to reduce debt and allow you to create a personal spending plan that can become fuel for your future. This will help you take full action that

your present income into wealth. The coaching process can help you develop the guidance needed to determine your goals to prioritize. Your coach could empower you in

and manage the complexity that reduces success and causes stress.

If you think DIY (do it yourself) is no longer working in managing your money, it may be time to look into hiring a Financial Coach. Whatever you have done in the past is the result of what you are today. But if you want a better result, Einstein’s advice of doing the same things and expect a different result is a good reminder.

Remember, most successful people have had coaches and continue to receive support from the people they perceive experts. Financial planning is more than information, it is transformation.