How does the coaching process work?
The financial coaching process takes place over three planning sessions and, often, a number of follow-up sessions. Each session involves specific steps that are completed together with Robin, as well as follow-up steps that you’ll complete on your own.
Robin will apply her knowledge and experience to guide you through each step, and uses highly sophisticated life planning software to show you the potential financial impact of your key decisions. This unique combination of creative consultation and advanced technology enables Robin’s clients to take confident action towards their goals.
Here’s a look at how the financial coaching process works:
| Values & Vision Session(s) |
Step #1: Explore your values Explore your personal values and discover how they shape the choices you make. Which aspects of your present and future lifestyle are most important to you? Step #2: Establish your vision Brainstorm to create a vivid and compelling vision of the things you want to have and do in life. What do you want to change about your present lifestyle, and where do you want to be in the future? |
| Client Action |
Step #3: Confirm your current reality Quantify your existing financial circumstances and think about your attitudes towards saving, spending, investing, and key areas of your personal life that my affect your financial decisions. |
| Financial Forecast & Solutions Session |
Step #4: Discover the gap Review the financial forecast and discover any gap that may exist between your future vision and the present reality. What financial shortfall might you need to address and which tactics are best suited to help you take effective action? Task #5: Close the gap Generate “what if?” solutions to help you close the gap. What options are available to help you create new wealth, conserve existing wealth, or convert your assets into a form that will better enable you to realize your vision? |
| Client Action |
Task #6: Choose a course of action Take some time to consider the “what if?” scenarios you’ve discussed with Robin and decide on a course of action that you are comfortable with. |
| Implementation Session |
Task #7: Create an action plan Create a “to do” list of specific action items that will help you close the gap. What are the specific actions you will take to bring your most fulfilling life goals to fruition? |
| Client Action |
Task #8: Implement the plan Implement your life plan by making the lifestyles changes you’re committed to, and by drawing on the skill of third-party professionals where needed, such as in the areas of investing, insurance, accounting, or estate planning. |
| Follow-Up Session(s) |
Task #9: Review and re-assess Track your progress, review your results and re-assess your vision on an ongoing basis because your life plan is a work in progress. Have you achieved your short-term goals? Are you still on track to achieve your long-term goals? Do you have new goals? |