This essential provides a comprehensive introduction to the definition and significance of financial coaching. You will get an overview of international research in this field and learn about the crucial role psychology plays in financial decisions. The author presents the latest research findings that clarify whether intellect, intuition, or emotion are decisive for good decisions. Financial coaching begins with diagnostics, which includes measuring risk tolerance as well as biographical work on the individual psychodynamic effects of money projections. The reader learns how coaching helps to shed unfavorable decision patterns and successfully implement new ones. Practical insights into the profession of financial coaching and the underlying core competencies round off the book. You will expand your understanding of financial coaching and can use the insights from this book for your own success.

Contents

• Definition of financial coaching and overview of current research
• Findings financial psychology, money projections, risk tolerance in financial decisions

• Criteria for training as a financial coach and practical examples from financial coaches
  The Author

  Monika Müller is a certified psychologist and financial coach. She specializes in the psychological aspects of financial decisions. Her extensive knowledge of financial psychology and coaching is incorporated into lectures, workshops, and coaching processes.

  The translation was done with the help of artificial intelligence. A subsequent human revision was done primarily in terms of content. This book is a translation of an original German edition. The translation was done with the help of artificial intelligence (machine translation by the service DeepL.com). A subsequent human revision was done primarily in terms of content, so that the book will read stylistically differently from a conventional translation.

  Autorentext

  Monika Müller is a certified psychologist and financial coach. She specializes in the psychological aspects of financial decisions. Her extensive knowledge of financial psychology and coaching is incorporated into lectures, workshops, and coaching processes.