FreelanceCoach Blog

Despite the tremendous importance of money and finance in all aspects of our lives, very few people benefit from any kind of formal guidance in how to deal with either.  For most of us, it is simply a case of learning our lessons by watching how those around us deal with financial matters and then muddling through accordingly.  Although help is available through formal training for anyone who wishes to improve their sense of financial awareness in the home or business setting, such courses are typically only able to provide generic information which students then have to interpret to fit their own sets of circumstances.  With the help of online coaching, however, anyone can receive personalized guidance which is tailor-made to address their own unique situations and needs and geared towards helping them meet their own specific financial aims or those of the companies that they work for.

Especially in today’s tough economic times, it is imperative that managers, executives, leaders and business owners possess high levels of financial astuteness if their companies are going to thrive rather than merely survive and if they are to avoid the unfortunate scenario where employees have to be laid off or they themselves risk losing their jobs or watching their businesses go under.  With greater financial awareness and a better understanding of how specific decisions will ultimately impact on the business, companies can better secure their financial futures and the jobs of those that they employ.

The business world, of course, isn’t the only place where a lack of financial awareness can potentially lead to disaster, or at the very least financial difficulties or the failure to make maximum use of the resources available.  In the home too, the ability to understand finance and to be able to budget is vital if families are going to be able to deal with their financial commitments and to prepare for future events such as their children’s educations and weddings or to realize their own personal ambitions such as setting up a small home business.  With so much uncertainty in the job market, making sure that they have sufficient put by to protect them should the specter of unemployment make its presence felt or just having enough put by to deal with the unexpected can mean that families can live contentedly and without endless stress and worry.

When you work alongside a coach in the online coaching environment, one of the enormous benefits that you receive is that the help and guidance is related specifically to your own unique situation.  Online coaching which is provided to private individuals, for example, takes into account their own incomings and outgoings and what they themselves hope to achieve at the end of the day.  Online coaching in relation to businesses, on the other hand, helps managers, executives, leaders and business owners to manage the resources for which they are responsible in such a way as to achieve the best possible results.  In some cases, financial awareness coaching is provided as a standalone, whereas in others it forms just one element of a wider executive, leadership or sales coaching program.

Anda Tudor, Life Coach                                                                                         September 14, 2011

Full story >>