Giving Compass' Take:

• The Center for Financial Security and Asset Funders Network shared three strategies that financial coaches can implement to grow their practice. 

• What are the challenges that financial coaches run into? How can financial coaches offer help to philanthropists? 

• Read about the findings of the 2016 Financial Coaching Census and its implications for foundations. 

We are so grateful to the Center for Financial Security (CFS) and Asset Funders Network (AFN) for passing on their advice to the financial coaching field: The results of the second annual Financial Coaching Census, disseminating recommendations for quality improvements based on our collective national experience. It’s thrilling that our field has grown to a point where we can meaningfully reflect on how to make it even more impactful. Luckily, it seems clear we all want the same things!

Here are three strategies we can help you to implement, all identified as important areas for growth by the Financial Coaching Census:

  • Leverage Technology to Enhance Financial Coaching
  • Expand Training and Ongoing Development Opportunities
  • Invest in Targeted Research and Evaluation

Even when we know what we need to improve, actually implementing it is a whole new beast. BWhen you’re feeling a void in effectiveness — in technology, training, or evaluation — we’re here to help. Together, we can see our collective influence rise.

Read the full article about financial coaching by Megan Kursik at Medium