Money Coach Certification Lends Credibility, Confidence

Are you looking for opportunities to receive a money coach certification? The NFEC offers choices for those who want to gain the expertise, credibility, confidence, and competency to teach personal finance. NFEC Certified Personal Financial Wellness Consultant financial coach certification programming meets standards for the highest academic rigor and consists of practical lessons designed to increase your impact and effectiveness as a money coach.

Money Coach Certification Program: Process to Earn NFEC Financial Coach Credentials

When you enroll in the Certified Personal Financial Wellness Consultant money coach certification program, you sign up to undergo stringent requirements for education, advocacy, measurement, and student relations activities that will demonstrate your competency as a distinguished money coach. You must pass 320 hours of instruction that will prepare you to meet the highest industry standards. The NFEC’s money coach training program falls into three categories: education, implementation/performance, and demonstrated expertise/ leadership.

Financial Coaching Standards

To specify the qualifications of individuals who have earned the money coach certification, the NFEC created the Financial Coaching Standards and Code of Ethics. This set of criteria centers upon the assumption that money coaches retain fiduciary responsibility to their clients. More than 12 industry regulatory agencies guided the development of these standards: FINRA, the DoL, FTC, APA, and ASCA are just a few.

While there are no specific regulations currently in place to govern money coaches, the NFEC was proactive in developing these standards to ensure that coaches and their clients stay protected. Included among these criteria are benchmarks for teaching quality and impact; hiring and recruitment; performance evaluation; professional development; and communication. Tools for teacher preparedness and awareness-raising also are incorporated in the document.

Development of Money Coach Certification Opportunities

Coaching Systems

It is the NFEC’s belief that those who bear the money coach certification should provide more than just talk. Rather, they should strive to understand a client’s entire financial situation by reviewing credit scores, accounts, income, assets/liabilities, and insurance; and then provide clients with a personal financial plan, prioritized actions, and updated progress reports. Therefore NFEC coaches have access to comprehensive data gathering and reporting software that systematizes client management. This can help improve money coaches salary and help them serve their clients better.

Structure Money Coach Certification Program Systems

Educational Resources for Financial Coaching

When you earn your money coach certification, the NFEC puts you in touch with more than 400 hours of state-of-the-art curriculum programming. All curriculum components are fun and engaging, yet also meet core personal finance and educational standards. The material, which was developed in partnership with an expert Curriculum Advisory Board, has been tested by thousands of organizations worldwide.

The NFEC is 100% independent and its curriculum, workshops, and presentations are purely educational – bridging the gap between evidence-based learning principles and practical applicability. In addition, money coaches gain access to the proprietary eVolve online learning platform and Learning Management System, which can be adapted to accommodate a variety of schedules and blended learning options.

Mechanisms for Money Coach Certification Processes

Topic Expert Support

One with the designation “money life coach certification” is an expert in money coaching, but not in every personal finance topic. Such advanced knowledge could take ten years or more of experience to master. You may encounter client questions that you can’t answer, and that’s OK. The NFEC has a team of licensed professionals in various fields related to personal finance. As a certified money coach, you have access to this professional team, who can work directly with you or with you and your client together. For example, when clients are considering buying a home, you may need to refer them to another NFEC network coach with real estate expertise. Learn how you can become a NFEC a financial coach and access this network.

NFEC Financial Coach Money Coach Certification Program Tracking Options

There are three essential groups the NFEC serves via its money coach certification programs: organizations, which may seek staff training and professional development; employment-seekers, who can receive credentials to gain employment in the space; and entrepreneurs, who can get essential resources and training to start their own money coaching businesses.

Money coaches certified by the NFEC stand out far above the norm. Graduates of the money coach certification are prepared to provide 1) personalized coaching, education, and accountability; 2) learner certification programs; 3) group accountability programs; and 4) group financial literacy education.