What is LCBC鈥檚 Financial Coaching?
The Mission of Financial Coaching is to coach participants in personalized, one-on-one settings to eliminate debt, save money, build wealth and see money as God鈥檚 tool to use for his glory through the methods of teaching, equipping, empowering and encouraging.
LCBC has equipped and trained financial coaches who help individuals and families develop a plan for their finances. In financial coaching, people learn biblically based money management principles and techniques.
Financial coaching is a one-on-one experience designed to give practical assistance in the following areas:
- Creating a budget that works
- Calculating a debt-free date
- Learning how to save money
- Learning how to invest money
- Learning how to reduce spending
- Learning how to budget with a spouse
What is the difference between a Financial Advisor vs. a Financial Coach?
Financial advisors work with your money鈥檚 behavior, while financial coaches work with your behavior with your money.
What does a coaching session look like?
- Three, 90-minute coaching sessions over 2-4 months in a safe environment (church atrium, library, coffee shop, etc.) or online via zoom
- After each session the coach will email you a short recap of the meeting along with follow-up notes, a review of what you committed to do, recommendations, resources, and encouragement.
- Don鈥檛 worry - everything shared is confidential!
Is Financial Coaching my next step?
Based on our experiences, we鈥檝e found that many people interested in Financial Coaching simply have a question or two perhaps on a single topic. If LCBC鈥檚 Personal Finance Tools and Resources don鈥檛 address your question, please review these resources:
After reviewing the resources on this page, if you feel financial coaching is your best next step, please fill out the confidential application at the link below.
How do I get started?
- Fill out the online Financial Coaching Participant Application. It will ask for information about your current financial situation and household.
- Based on your completed application, you will be matched up with a financial coach or coaching pair and they will reach out to schedule the first meeting.