What is FINANCIAL COUNSELING

Financial Counseling is a collaboration between client and counselor to identify the client’s personal financial goals and the steps necessary to reach those goals.

Financial Counseling addresses basic to intermediate personal financial issues such as household budgets, savings plans, credit history rehabilitation, debt repayment schedules and pre-consumer loan counseling as well as providing general retirement and investment education.  Professionals providing Financial Counseling do not sell or recommend investment, insurance or any other financial products to clients.

Financial Counseling is ideal for clients who are in the process of building their household assets. Once their asset building goals are met, a client may be ready to consider transferring to a Certified Financial Planner® for more advanced financial planning such as comprehensive retirement and estate planning.

WHY SHOULD I USE AN ACCREDITED FINANCIAL COUNSELOR®?

Accredited Financial Counselors® are professionals who have completed the required training and experience in financial education and counseling for the certification.  Additionally, AFCs® must complete 30 Continuing Education Credits every two years to maintain their certification. The standards for an AFC® are set by the Association for Financial Counseling, Planning and Education and can be found here.  AFC’s® are bound by strict rules of confidentiality and ethical behavior.  The AFC® Code of Ethics can be found here.