Help Others through Money Coach Training Program

Looking for a money coach training program to fulfill your passion for helping others gain personal finance skills? The National Financial Educators Council has options that may interest you. Their money coach training – Certified Personal Financial Wellness Consultant – provides you with the expertise, credibility, and self-efficacy to become a skilled money coach with the ability to help people of all ages and backgrounds to move toward positive financial futures.

Money Coach Training: Process to Become a NFEC Financial Coach

Enrollment in the Certified Personal Financial Wellness Consultant money coach training program will involve undertaking educational, advocacy, measurement, platform-building, and student relations activities – all aimed at distinguishing your qualifications as a top-grade money coach. Holders of the NFEC money coach certification program are among the most highly-qualified educators in the money coaching space. They have demonstrated their skills and capability by meeting demanding educational, performance, and leadership criteria which include over 320 hours of training and implementation programming.

Money Coach Training Standards

People who hire a money coach deserve to trust that their coach will be held to the highest guidelines for practice. That’s why the NFEC developed the Financial Coaching Standards & Code of Ethics – a set of standards founded on the principle that a money coach has direct fiduciary responsibility to his or her clients. We consulted criteria from more than 12 industry authorities: the CFP Board, American Counselor Association, Federal Trade Commission, and the US Department of Labor represent a few.

While money coaching is not regulated currently, the NFEC took the initiative to develop its own standards so money coaches and their clients could be protected. The Financial Coaching Standards have been used to build a teaching framework to improve program quality and impact; and to set forth common language that improves communication in the money coaching space. This can help improve the salary of the money coach while ensuring the clients are protected.

Concepts for Money Coach Training Program Additions

Coaching Systems

Using comprehensive data gathering and reporting systems, graduates of the NFEC money coach training have the tools to gather and review a client’s full financial profile. Those data include all indicators of client financial health – income, assets, liabilities, credit score, insurance, etc. Those that earn their financial coach certification can employ these systems to generate ratios and other data that allow quick assessment of clients’ needs and prioritization of their personal financial plans and action steps.

Breakdown of Money Coach Training Program Opportunities

Educational Resources for Money Coaching

Upon successfully finishing the money coach training program, you immediately gain access to over 400 hours of top-quality personal finance curriculum that many use to start a financial coaching business or outreach campaign. The modular curriculum segments were crafted with input from a Curriculum Advisory Board with professional expertise in personal finance and education. Partnership with this expert board yielded engaging, state-of-the-art lessons that bridge the gap between educational theory and practical application.

Through completion of the money coach training you also obtain use of the eVolve online learning platform. This technology offers a great user interface and enhances the coaching process by personalizing each learner’s experience based on his or her interests, test results, and lesson accomplishments. Gamification lends excitement to the eVolve platform by inspiring learners with points, badges, and bonuses incorporated into each lesson.

Design of Money Coach Training Program Timetables

Topic Expert Support

What if the money coach training program doesn’t prepare you to answer every client question? That’s OK – mastering the entire scope of financial topics might take decades. To fill this gap, the NFEC has gathered a team of experts in niche fields who can provide guidance and support when you need extra assistance. These experts work for you to support the needs of your clients, have passed background checks, and do not solicit any financial products or sell anything.

Coaching Track Options

The money coach training program serves three groups: entrepreneurs, employment-seekers, and organizations. An entrepreneur may obtain training and resources that will support launching a coaching business. Someone seeking to be hired as a money coach can earn credentials that will help land that job. Organizations can give their staff training and professional development opportunities for NFEC money coaches with the NFEC Financial Coach credentials.

Graduates from this money coach training are placed high above the average. They not only have demonstrated top competencies, but also have systems in place to support clients to strengthen their financial situations. They are deeply prepared to conduct personalized money coaching toward financial wellness; carry out learner personal finance certification programs; lead group accountability programs; and/or teach courses or workshops to groups of any size.