Blog
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Is debt the #1 concern why clients reach out to a financial coach?
Garrett - While debt is something that many clients who go to a financial coach will want help with, it's not what your outward marketing should necessarily highlight, for a couple of...
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What is the best physical planner and why?
Garrett - I'm a huge fan of the Momentum Planners by Productive Flourishing. It does a great job of helping you create goals and a vision for the year, and then breaking them down into quarterly, monthly,...
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Which payment method is the safest and most convenient way for clients to process payments?
Garrett - All major payment processing services - Stripe, PayPal, Square - all prohibit Financial Services professionals/companies from using their product in their terms of service....
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How do I communicate the value of a referral relationship to a Financial Advisor?
Garrett - prioritize connecting with advisors (or other referral partners like life coaches, therapists, divorce attorneys, etc.) who share your ideal client. This will make your...
How much money do I need to get started as a financial coach?
Garrett - I started Be Awesome Not Broke with approximately $25k in the bank, enough to last me just over a year if I were to make $0 over that time. I got this number by adding what my bare-bones living expenses could be, with...
What's the difference between a Financial Coach and Financial Advisor?
Garrett - Most financial advisors tend to focus on implementing financial products and strategies, while financial coaches focus more on the basics of personal money management, behavioral change, and accountability to a...
Can I work with friends and family? If so, how?
Garrett - My coach who worked with me around client issues (and is a LMFT) said that it depends on the type of work that you are doing with them. Therapists aren't allowed (or shouldn't) have personal relationships with their clients, due to the...
