This report presents the findings of the process evaluation of the Financial Coaching pilot, a part of the Financial Empowerment Collaborative in Calgary. In documenting the procedures and early thoughts of participating programs on the implementation of this pilot project, we assessed how well...

This pilot study explores the delivery and effectiveness of MyBudgetCoach, a financial coaching program designed to help low- and moderate-income adults develop budgeting skills, set financial goals, and work towards those goals. Specifically, this study compares two modes of program delivery,...

A presentation outlining The Financial Clinic and why it was created, model outcomes and...

Increasing interest in the role that consumer-focused policy interventions can play in improving economic outcomes has led to a host of intervention models in recent years. Financial coaching has emerged as one prominent model in this field, aimed at improving consumer financial outcomes by using...

The Family-Centered Coaching Toolkit offers a set of strategies, tools, and resources that can help programs, agencies, case managers, coaches, and others change the ways they work with families striving to reach their goals. This set of resources, can undo, and redo, how one approaches working...

This study addresses these gaps in the literature through an evaluation of a nationwide credit counselling program called Sharpen Your Financial Focus, an initiative launched by the National Foundation for Credit Counseling (NFCC) in September of 2013.  The Sharpen initiative builds upon and...

A presentation on how financial coaching is different, client interaction and program evaluation and coaching as presented by Richard Simonds of Family Services of Greater...

This report provides information on the Financial Empowerment Center model, the people it served, the outcomes they achieved, the impact services had on nonprofit and city partners, and lessons learned for others looking to replicate or support this model. The evaluation was designed as a...

This toolkit contains tools and worksheets you can use with your financial coaching clients. Each document should be used as a part of the coach-client...

Building savings is a fundamental strategy for empowering individuals and families with low incomes. Even relatively small amounts of savings can serve as a buffer against inevitable financial shocks that can otherwise undermine social service efforts and successes – and short-term savings offer...

This is the final report on the MPower Money Coaching Program. This program was a unique collaboration that brought together Prosper Canada, a national charity, Canada’s leading investment firms and investment industry associations, and the City of Toronto’s Employment and Social Services...

This is a set of tools and resources developed by The Prosperity Agenda to implement a holistic vision of financial coaching for individuals and families. (Note: Accessing the toolkit requires submitting user...

This webinar shares insights from three different financial coaching and counselling programs in Canada, discussing what these financial coaching programs look like, program successes, and program challenges. The speakers are: Sheri Fata, Manager of Education and Support Services at Thunder...

This brief will provide a variety of insights and recommendations for creating more equitable opportunities and inclusive programs based on the first-hand experiences of organizations across the nation. Learning how organizations recognize the challenges that various communities or populations face...

Many service providers work with clients who are financially unstable. Financial instability can vary depending on the person, but common characteristics include having limited or unpredictable income, being behind on rent, not having enough money for food and other basics, and having...

Many service providers work with clients who are financially unstable. Financial instability can vary depending on the person, but common characteristics include having limited or unpredictable income, being behind on rent, not having enough money for food and other basics, and having...

This brief summarizes research into the theories underlying financial coaching and the effects of financial coaching on participant behaviors and outcomes. In practice, financial coaching remains an unregulated field, and individuals and organizations use the term “financial coaching” to refer...

This is a presentation by J. Michael Collins explaining why financial coaching is a more effective intervention to achieve financial capability, compared to financial literacy. He explains the role of counseling, a definition of financial coaching, the role of the coach, and coaching as a form of...

Recognizing the potential of financial coaching to improve the well-being of consumers, the Consumer Financial Protection Bureau (CFPB) commissioned a rigorous study on the impact of financial coaching programs.1 Using a randomized controlled trial design, this study allows, for the first time, a...

This brief discusses the process and results of the Financial Coaching Impact Study to help financial coaches and other financial educators seeking to integrate these techniques into their work. The study showed that coaching is a flexible approach that can work for many types of clients with a...

This brief summarizes key findings from a pilot study of MyBudgetCoach (MyBC).1 MyBC is a financial coaching program designed to help low- and moderate-income adults develop budgeting skills and work towards their financial goals. Trained coaches use the program’s online platform...

This pilot study explores the delivery and effectiveness of MyBudgetCoach, a financial coaching program designed to help low- and moderate-income adults develop budgeting skills, set financial goals, and work towards those goals. Specifically, this study compares two modes of program delivery,...

These are the slides from Webinar #4 in the Financial Coaching Listening & Learning Series hosted by the CFED and developed by the assets & Opportunity Network. This webinar examines previous learning in the Financial Coaching & Counseling webinar series, discusses design,...

Increasing interest in the role that consumer-focused policy interventions can play in improving economic outcomes has led to a host of intervention models in recent years. Financial coaching has emerged as one prominent model in this field, aimed at improving consumer financial outcomes by using...

While financial coaching is becoming more widely implemented, the practice components have not been described in ways that make the field of financial coaching consistent and uniform. To better understand how financial coaching is especially relevant for empowering low-income clients, this brief...