Business Learning Centre

Coaching is a profession of very rapid growth worldwide, not only in Spain, especially in these times of economic crisis and many are seeking ways to secure their personal finances.

Coaching-Financial

However, we are more familiar with financial advice and not so much with financial coaching which may give the impression that two things are similar and may be shut out of each other.

However, the Financial Coaching Financial Counseling are two very different services.

The Financial Coaching focuses on client education and development of certain skills, while the Financial Advice focuses on selling financial products.

Another difference to consider between the Financial Coaching and Financial Counseling is that the customer is the Financial Coaching authority actually trains the client to create their own strategies and decisions, while the consultant’s Financial Advice authority.

The Financial Coaching takes a self-analysis of life, beliefs and values of the client in the Financial Advice advisor analyzes the client’s financial situation and how to achieve the client’s financial objectives based on the best financial products achieve these financial products or instruments are chosen according to criteria and values of the adviser, in fact many people who hire financial advisers do not understand the products in which they invest.

Now the question: Which to choose? If your problem is to save very little, spending too much, not spending enough and other personal issues, it is best to get a financial coach, also if you wish to create your own medium-term investment strategies and not rely on other strategies, the Financial Coaching is the solution.

If what you seek is simply the best vehicles in which to invest their money and benefits as quickly as possible the option could be financial advice, but we must asesurarse to get an independent financial adviser and not one that relies on an entity financial, and unfortunately many of these organizations have been focused on getting good sales of financial products but bad financial advisors.

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