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Coaching

 

Transform your relationship with money and personal finance through coaching. 5th Hummingbird's coaching approach integrates your values and life goals together with your experiences, beliefs, and concerns about money and finances to create a hopeful vision and empower you to approach your financial life confidently and effectively.  

 

Providing Money Coaching as an initial offering, 5th Hummingbird anticipates additional offerings, including coaching for career change, retirement planning, and other significant life events.

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Money Coaching

In 2002, Daniel Kahneman was awarded the Nobel Prize in Economics for his pioneering work showing that financial decisions are roughly 90% based in emotion and only about 10% in logic and reasoning. Similarly, our relationship with money is fundamental to our financial lives but strongly rooted in, and often clouded by, emotion. 

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Money Coaching empowers your financial life by helping you understand the patterns, behaviors, and beliefs that shape your relationship with money. Unlike investment advice, financial planning, or other kinds of financial advising, Money Coaching provides a step-by-step journey of self-discovery about the emotional side of your relationship with money, including:

  • Examining your personal experiences and history with money to develop your "money story."

  • Exploring familial influences on the development of your beliefs, attitudes, and behaviors regarding money.

  • Identifying the most prominent money archetypes defining and affecting your relationship to money and learning about how they affect, positively and negatively, your day-to-day financial behaviors.

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​Money Coaching can help improve your emotional relationship with money, examine your current financial health (circumstances, successes, problems, unresolved issues), align your financial life with your values and goals, develop a sense of financial clarity and confidence, improve financial decision-making, and set reasonable financial goals and achieve them.

 

Money Coaching also helps you understand and activate your innate abilities to motivate and drive the transformation of your financial life.

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Money Coaching is especially well-suited for people who do not feel confident about their financial decisions, avoid or feel uncomfortable or insecure managing their personal finances, have a love-hate relationship with money, are indecisive about financial matters, feel powerless about money or their financial lives, or generally feel anxiety or stress about money or personal finance.​​​

Financial well-being is a life-long journey that begins with better understanding your relationship with money.

Lanette is a CFP® professional, a Certified Money Coach (CMC)®, and a member of the Financial Planning Association (FPA).

    ©2024 by Lanette Schmidt

    Photos ©2018-2024 by Bradford Schmidt

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