Learn How to Start a Personal Finance Business in 6 Clear Steps
If you think you’d might like to start your own personal finance business, read on. Below you will learn how to become a successful, knowledgeable personal finance instructor in 6 steps. This personal finance business opportunity from the NFEC helps those who passionately want to help people improve their financial situation.
Most people are aware that they don’t know how to manage their own personal finances, and they want help. There is a dire need for financial educators.
How to Start A Personal Finance Business. Step 1: Training and Certification
If you want to a financial education business opportunity, you’ll need to get trained and certified. The NFEC offers educator certification programs that cover diverse teaching skills such as behavioral psychology, regulations and best practices. Certification will show that you have the desire and basic knowledge to go out into the field, under supervision, of course. Learn more about the NFEC’s CFEI financial literacy certification designation.
How to Start A Personal Finance Business. Step 2: Initial Experience
Initial experience is the step where you bring theory into the field, where you will integrate them in your own unique way. Your first field experience will be under the supervision of an experienced veteran who will guide you toward independence and help you avoid common pitfalls that amateurs are often blind to.
How to Start A Personal Finance Business. Step 3: Systems, Processes, Resources
Fieldwork will show you the many complexities you must juggle in order to bring about financial literacy. In step 3, you will learn systems and processes to manage it all. You will have to track success, manage student data and pursue excellence, and systems make it all manageable. The NFEC has systems that make this a powerful personal finance business opportunity. Another important consideration is the financial literacy curriculum and resources used. Select resources that are independent while focusing on financial behaviors and systems to maximize impact.
How to Start A Personal Finance Business. Step 4: Starting Your Career
Now that you’ve gotten some experience under your belt and you’re no longer a rookie, there are two main ways you can begin your career. You can either start your own personal finance business right away or you can start out working for an established financial education company. This will give you invaluable experience on how things are done and how you will improve them when the time comes.
How to Start A Personal Finance Business. Step 5: Awareness, Marketing and Online Presence
How to Start A Personal Finance Business. Step 6: Commitment to Excellence in Service and Results
The NFEC can help you start a personal finance business but for your program to thrive, you will need to be committed to providing excellence every step of the way. As with any passionate endeavor, you’ll sometimes get frustrated, but focusing on the people you help and remembering the personal impact you have will keep you committed to doing everything to the best of your ability and with all your passion.