This coaching is all about you. It’s about understanding the situation you're in and developing a personalized game plan to help you win with money. Whether you're stressed about debt, need help with big money goals, creating and staying on a budget, or just want to get on the same page with your spouse, a trained coach will walk alongside you to help you reach your potential!
Below are answers to some frequently asked questions, taken from the Dave Ramsey site-Jay is a Ramsey Preferred Coach and stays connected with the team regularly:
What is a financial coach?
A financial coach helps you create goals and actually stick with them so you’re not just dreaming about financial peace—you’re living it. Financial coaching is different from any other finance-related job. CPAs help you with your taxes. Financial advisors help you with investments. But financial coaches work with you to create a start-to-finish plan for your money and help keep you on track.
Financial coaches often work with their clients over several sessions—focusing on anything from fine-tuning your budget to discovering your long-term goals to working through a real financial crisis. No matter the situation, financial coaches sit with you one on one (we call it “kneecap to kneecap”) to help you overcome the challenges that hold you back in your finances.
When should I work with a financial coach?
That’s the great thing about a financial coach—they can help you in any situation! Maybe you’re up to your eyeballs in student loans or credit card debt, or you’re having money fights with your spouse. Or maybe you have big money goals—like saving to buy a house or setting yourself up for retirement—but no plan to achieve them. Regardless, a coach can meet you where you’re at and steer you in the right direction to win with your money.
How do I pay for coaching when I'm broke?
Coaching is meant to put money back in your pocket, not take it out. It’s the best way to help you develop the right money habits and put an end to your money problems. Some people will ask if they can afford it, but maybe you should ask yourself, Can I afford to not get help from a coach?
If you’re trying to get out of debt, other options (like credit counseling and bankruptcy) only manage the symptoms. They don’t change the habits that got you there. And the cost of bankruptcy is more than a financial burden—it’s a stain on your personal record.
There’s no better way to establish good money habits than by having a personal money mentor who understands your situation. And sidenote: You should never be ashamed of your financial struggles when working with a coach. They’re here to encourage you. These men and women are trained professionals who work with people from all walks of life and all ranges of income.
How do I get my spouse on board?
Marriage is not “me”—it’s “we.” Working on your finances together is the only way to succeed when it comes to money. Not only that, many couples find that talking about money actually reduces stress in their marriage. It’s so important, we’ve made it one of our core teachings.
If you’re having difficulty getting your spouse on board, let your coach know.
How do I prepare for my coaching session?
The great part about working with a financial coach is that they’ll guide you through every step of the process. But during your first consultation, your coach will ask questions to get to know you—your goals, your dreams, your past, your pain points, etc. So be sure to have your answers ready.
“Before we met Andrew Jay Lewis, my wife and I were living paycheck to paycheck. We had our finances all wrong and didn’t see a way out of debt. We believed that being in debt was normal. We first heard about Andrew from our local church, he led countless Financial Peace University classes and was highly recommended by other members who had gone through it. In being under Andrew's guidance and care over the years, we were able to budget every dollar! Within no time our lives changed forever. He poured his passion, patience, and knowledge over us. He helped us create a plan and stay focused throughout the years. When we had questions, he was able to look over the data and provide resolutions. It is his vision and passion of helping others that truly made us confident in his skills. Not only were we able to get our finances in order, but we were able to save up 3-month worth of expenses in case of an emergency. We even noticed we stopped talking about “how are we going to pay that bill” to “how are we going to build wealth and retire”. Our finances are better, and we are stress free! I am so grateful to Andrew Jay Lewis for taking our hand and walking us through those baby steps and helping us "live like no one else, so that one day we can give like no one else. ” - Josh & Kayla