Do You Need a Financial Coach or Advisor?
When you're struggling financially, trying to get ahead, or wanting to build a better future, it's easy to feel stuck or confused about what kind of help you actually need. Maybe you’ve heard of financial coaches and financial advisors—but what’s the difference? And more importantly, which one is right for you?
In this post, I’ll break it down clearly so you can make the best choice for where you are on your financial journey.
What Is a Financial Coach?
A financial coach helps you understand your money, develop healthy financial habits, and take control of your day-to-day finances. Think of a coach like a personal trainer—but for your bank account. We work with you on things like:
Creating and sticking to a realistic budget
Paying off debt without feeling deprived
Understanding your money mindset and triggers
Planning for emergencies, big purchases, and goals
Building confidence in your ability to manage money
Financial coaching is all about education, behavior change, and support. We walk alongside you as you build a solid financial foundation—especially if you’re just getting started or feel like your money is always running out before the month ends.
What Is a Financial Advisor?
A financial advisor typically helps people who already have money saved or invested. They focus on growing your wealth and managing assets like:
Retirement accounts (401k, IRA)
Investment portfolios (stocks, bonds, mutual funds)
Tax strategies and estate planning
Insurance and risk management
Financial advisors often charge a percentage of assets they manage or a flat fee. Their expertise is great if you have wealth to grow or protect—but they usually won’t sit down and help you figure out how to stop living paycheck to paycheck or get out of debt first.
So, Which One Do You Need?
Here’s a quick way to know:
You likely need a financial coach if:
You want to make a budget that actually works
You’re living paycheck to paycheck
You’re in debt and not sure how to get out
You’re tired of feeling behind but don’t know where to start
You want guidance, accountability, and a plan
You likely need a financial advisor if:
You have investments and want them managed professionally
You’re planning for retirement or large financial events
You’re looking for ways to lower your tax burden with your wealth
You need help creating an estate or legacy plan
Can You Work with Both?
Yes, absolutely! Many people work with a financial coach to get stable and confident first, then transition to working with a financial advisor once they’re ready to invest and grow their wealth. In fact, that’s the ideal journey for a lot of folks.
At Arctic Rose Financial Coaching, I focus on helping individuals and families build strong financial habits, stop stressing about money, and create a life they love without shame or confusion. If you’re in survival mode or just want someone to walk with you step by step—I’ve got your back.
Still Not Sure?
Let’s talk about it! I offer a free 30-minute Quick Audit Call where we’ll take a look at where you are now, where you want to go, and which next steps make the most sense for you—whether it’s coaching, a referral to an advisor, or a blend of both.
📞 Book your free call today: [Insert Acuity Link]
📧 Or reach out directly at kyleeogden@arctic-rose.com
You don’t have to figure this out alone.
Your next step toward peace and financial clarity is just one conversation away.
Let’s take it together.