Finance Wanted.

By Dr. Rob Ronin

This article describes the challenges that confront U.S. investors and consumers in their efforts to reach financial security, explains the benefits of working with a financial behavior coach, and provides practical and emotional tips for finding the right coach for you.

There are a number of financial challenges that face Americans. Consumer agencies estimate average credit card debt at $5,000 to $7,500 per U.S. household. Savings rates per average household are at their lowest point since the Great Depression. Only about 20% of U.S. workers are now covered by employer-sponsored pensions-for-life. Health care costs are rising at a rate that far out paces inflation. Clearly, Americans face enormous hurdles in their efforts at creating financial security.

"Financial behavior coaching" is a cutting edge resource for helping investors and consumers turn good financial intentions into good results. Financial behavior coaches perform a variety of valuable services. They provide basic education and encouragement to motivate clients to contact financial professionals such as planners and investing advisor's. They help clients overcome procrastination and clarify goals. They help clients adopt effective techniques in time management. Most importantly, financial behavior coaches help clients overcome the hidden obstacles to financial change.

How do you choose a financial behavior coach that's right for you? Please see the 7 tips below.

Dr. Rob's Practical and Emotional Tips for Choosing a Financial Behavior Coach

1. Choose a coach who does not sell financial services or products. Other than appropriate coaching manuals and related products, your financial behavior coach should not sell or promote any type of specific financial product or service.

2. Choose a coach who will encourage you to contact qualified professionals such as financial counselors, planners, insurance professionals, investing advisor's, and other qualified professionals. One the greatest challenges for most Americans is overcoming the procrastination that inhibits them from seeking professional financial advice and services.

3. Choose a coach who is familiar with the financial behavior errors identified by researchers in the fields of behavioral finance and neuroeconomics.

4. Choose a coach who has a specific, step-by-step plan for helping you initiate the behaviors that are needed to reach your goals.

5. Choose a coach who is an expert in helping others change unproductive behaviors.

6. Choose a coach who recognizes how challenging it is to change negative money-related behaviors, and who can help you overcome the hidden obstacles to financial change.

7. Choose a coach who provides an integrated plan to identify your financial values, develop a financial mission statement, and adopt behaviors that are consistent with those factors.

To learn more about financial behavior coaching and how it can help you take control of your financial destiny, complete the free quiz, the Money Attitude Profile (MAP), at http://www.DrRobCanHelp.com

Please contact me with comments at DrRob@DrRobCanHelp.com.