The field of financial coaching has continued to grow over the last decade as an approach for supporting the financial capability of individuals across income levels and diverse populations. The growing demand for trained financial coaches translates into a call for more training opportunities. Yet, differentiating between training programs and choosing the one that best […]
Read More...
The report introduces a new intervention called “FINMed.” FINMed is brief, solution-focused financial coaching session designed for people facing new ongoing out-of-pocket medical expenses or a pattern of problems paying for ongoing health care needs. The coaching involves: Determining the patient’s health goals and motivation Planning for the costs of health care Setting up a […]
Read More...
Financial coaching has gained recognition as a strategy that can improve financial capability and security. Yet within this advancing field of practice, many questions remain. What is the current size of the field? How is financial coaching being implemented? How do organizations, coaches, and funders measure success? And what is needed to support more effective […]
Read More...
This brief explores survey data collected from Center for Financial Security and University of Wisconsin-Extension financial coaching training participants between 2010 and 2016. The brief looks at how the trainings affected the ability and desire of participants to act in a financial coaching capacity. Access the brief here: Financial Coaching Training Brief
Read More...
The Center for Financial Security (CFS) developed the Financial Capability Scale (FCS) as a standardized 6-question tool for tracking clients’ progress in financial coaching, counseling, and education programs. The FCS questions focus on clients’ self-reported behavior. Some programs use the FCS with young adults ages 18 to 22 enrolled in higher education or just entering […]
Read More...
