Looking for more one-on-one help to improve your finances? Check out my financial coaching offerings.
Financial coaching can mean different things to different people, so I want to take a moment to lay out what you can/can’t expect from working with me
What is Financial Coaching?
A financial coach is like a personal trainer for your money. You’ll get help setting goals and a program to help you reach those goals followed by ongoing guidance and accountability to help you stay on track.
Is Financial Coaching a Good Fit For You?
Financial Coaching could be a great fit for you if you:
- Feel overwhelmed by your finances and need help getting organized and setting goals.
- Struggle with debts like credit cards, student loans, car payments, and others. You feel ready to get serious about paying them off but need help figuring out how to go about it.
- Live paycheck to paycheck but want to find a way to start saving for a financially independent future.
You may also benefit quite a bit from coaching if you enjoy handling your own investments and retirement planning, but are looking for unbiased, objective professional help for additional guidance or a second opinion.
What Financial Coaching ISN’T:
- a quick fix
- investment management
- a credit repair service
- a get rich quick scheme
- debt consolidation services
Costs
I believe in 100% transparency so I think it’s important to share my costs right up front, openly and honestly. However, there is no need to commit to paying anything today.
If you’re curious to learn more, email me at mark@markdurrenberger.com for a free initial conversation to see if coaching would make sense for you.
We’ll discuss your current situation, goals, concerns and see what kind of a plan would be realistic for you.
If, after the initial conversation you decide to commit, the costs of coaching are:
Initial Coaching
A 60-90 minute video (or phone if preferred) session to discuss your current financial situation in depth. Based on this information you’ll receive an individualized plan to help you:
- develop a budget (that works for you and can be followed in less than 5 minutes a day)
- pay off your debts
- maximize your workplace benefits
- save and invest for the future
In addition to the video session and individualized plan, you’ll receive 30 days of ongoing email and phone support as you begin implementing your plan.
Cost: $245 (compare this to the typical hourly rate for a CFP® Professional)
Follow Up Coaching
After you have completed the Inital Coaching session above, additional sessions are shorter and more focused, as we don’t need to spend time discussing your entire situation each time.
These sessions are a 30-45 minute conversation to help you keep on track for your goals. We’ll also make adjustments based on what has or hasn’t been working for you.
A key benefit of ongoing coaching is help with accountability and keeping your motivation for following through on your goals up.
With ongoing coaching you have unlimited email support between scheduled sessions.
Cost: $75