We all have those health-nut-personal -trainer type friends.
They are the people who are always in shape. They look good in all their clothes, but the very thought of their eating habits can make you say, “WHAT?”
You know the scene that happens at every cookout. You’re ready to stuff your face with hot dogs and hamburgers, and then you see that personal trainer staying disciplined…AT A COOKOUT!!! At that moment you’re faced with a decision as well — you can either follow the example of that person whose fitness and health level is what you desire; or simply say, “Please pass the banana pudding.’”
Personal trainers usually won’t judge the condition you come to them in. But they do want to help you get ahold of those “banana pudding habits” so you can meet your fitness goals.
Most of us can rationalize having a personal trainer for the sake of our fitness. My question is simple: If we can make sense of having a personal trainer for our health goals, then why not have a personal trainer for our financial goals.
Just like personal trainers, financial trainers are not necessarily there for you because of anything you “can’t” do; Instead, they are there to help you discover what you can do.
Two purposes of financial trainers are:
To meet you where you are and help you gain financial success
Financial coaches are there for the young adult who has $50k in student loans and needs help in making a game plan to eliminate that debt. They’re also available to the professional woman who has paid off her debt, is making more money than she ever imagined but wants guidance. Either way, your coach wants to meet you where you are to help you to reach your goals.
To be a source of accountability
Like personal trainers, financial coaches also serve as a means of accountability. It is something reassuring about knowing that someone is helping you to keep track of your goals. Knowing that you have a coach who is holding you accountable will help you to think twice before making questionable financial decisions.