#6: What certifications/trainings do I need before coaching clients?
EPISODE 6
What Certifications/Training Do I Need Before Coaching Clients?
01: 14 - Certifications and Training Required to be a Financial Coach
02:00 - The Confusion Between Certifications and Licenses
04:59 - Financial Coaching Defined
06:00 - Different Laws/Rules Regarding Certifications and Licenses
07:10 - Being Careful with Insurance
08:21 - Being Careful with Taxes
09:02 - Being Careful with Anything Related to the Law
09:57 - Being Extra Careful with Investments
12:03 – Different Perspectives Within the Financial Coaching Industry
14:37 - Financial Coaching Doesn't Have Any Legal Certification Requirements
16:19 - Financial Coaches have an Obligation to Their Clients
18:10 - Understanding Your Blind Spots
22:51 - Certifications Will Help Build Your Business
25:02 - The Self-Selection Bias
28:40 - Continuing Education Will Make You Better at Your Profession
31:28 - It's About Building Your Knowledge and Trust
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