Financial Planning is a subset of Money Coaching. A Financial Plan is an end product of Money Coaching. Money coaching helps the individual adopt new healthy financial habits by starting where the person is and guides the person to move in the right direction. I don’t remember being taught about financial literacy and personal finance in high school. If your experience is anything like mine, I learned a lot by making mistakes or reading a good book. There was not much in terms of financial schooling. Money Coaching fills the schooling gap and helps you get back to financial health by providing knowledgeable, dependable support.
