Open AccessPersonal Financial Coaching, Part I: Basics The Public Needs To Know
Author(s) -
Jason T. White,
J. Patrick McLaughlin
Publication year - 2011
Publication title -
journal of business and economics research
Language(s) - English
Resource type - Journals
eISSN - 2157-8893
pISSN - 1542-4448
DOI - 10.19030/jber.v7i5.2293
Subject(s) - casual , style (visual arts) , coaching , span (engineering) , psychology , outreach , life span , gerontology , medicine , political science , law , engineering , literature , art , civil engineering , psychotherapist
In the course of our university service to the community in outreach activities, we have gravitated toward providing occasional group sessions in personal financial planning. On the surface, the content of these financial coaching events may appear elementary to the casual observer. But to the contrary, we have found that personal financial planning is a sorely needed skill set for many in our region. Our typical session touches on the basic elements of family budgeting, retirement planning, goal setting and behavior modification. Those contemplating establishment of a similar program of study may benefit from our field experience.