Financial mentoring helps you figure out what is important to you and then figure out what to do with your money to create the life you want.
Skilled financial mentors have experience and are trained in many areas of personal finance. We have experience with both personal and business finance – a rare combination. We can also be your sounding board about monetary frustrations and can provide advice or guidance on how to manage your income, grow your business and strategically increase revenue.
A financial mentor is also trained to listen, help you define what is important to you and guide you in your financial journey.
Unlike other forms of financial education, financial mentoring starts with you and what you want. It is much easier to learn about money and to build new habits, when it is connected to what you really care about. A financial mentor serves as a guide to advise and educate in areas that an entrepreneur might lack experience.
A financial mentor serves as a guide to advise and educate in areas that an entrepreneur might lack experience.
Financial mentoring is for you if you want to make more of your money and be in control of your finances. While financial advisors are traditionally set up to help people with money to invest, we have designed our services for people who can start with minimal investment capital.
Here are some examples of how clients are benefitting from financial mentoring:
“I want help buying my first home soon”
“I have kids and I want to make sure my finances are in order”
“I have several goals and I want to check I am saving for them in the best way” “I am thinking ahead so I can retire comfortably”
There are many financial apps, but unlike nearly every app, you (the client) will have 1-on-1 private discussions with your financial mentor. There are no chat bots or message boards. Your financial mentor will know you and your goals, build a personalized plan and be ready to answer your questions.
All financial mentoring sessions are held remotely or via telephone.
The most popular features from financial mentoring are:
Regularly meeting with your financial mentor throughout the year to track your progress
Get a visual, month-by-month of where you are with your money, debt, and assets, so you will have more confidence in making bigger financial decisions
Find out how much to save, invest and put into retirement to reach your goals
Keep track of the money tasks you decide with your financial mentor
Add your partner’s finances at no additional cost
Credit monitoring is the process of periodically reviewing your credit reports for accuracy. Credit monitoring helps protect you against identity theft and monitoring any changes and/or inquiries made to your credit file. You will need it throughout the financial mentoring program. CLICK HERE