Personal Financial Coaching
Rica empowers clients to achieve their financial goals by developing a personalized budget, savings plan, and debt management strategy. Rica also provides retail investing literacy to help clients understand the importance of retirement, diversification, asset allocation, and risk tolerance.
Personal Financial Coaching Rates
30 Minute Standard
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Coaching - reviewing spending and saving habits
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Budget template
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Debt repayment plan
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Text and email support
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1 Hour Standard
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Coaching - reviewing spending and saving habits
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Budget template
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Debt repayment plan
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Text and email support
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30 Minute Premium
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Everything included in standard
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Introduction to investing
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First-time homebuyer planning
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Joint financial planning
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Retirement planning
1 Hour Premium
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Everything included in standard
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Introduction to investing
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First-time homebuyer planning
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Joint financial planning
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Retirement planning
Clients who refer a friend receive 20% off their consultation.
Referred friends receive a free 30-minute consultation.
Financial Coaching Strategies
Personalized Coaching
Discussing spending habits, saving habits, and tips for limiting impulse purchases and avoiding overdraft fees and credit card debt.
Budgeting
Building a personalized budget, setting time-sensitive personal financial goals, and tracking monthly expenses.
Debt Repayment
Creating a time-measured plan to pay down credit card debt, medical debt, student loans, and other personal loans.
Introduction to Investing
Planning short, medium, and long-term investment goals, building a diversified and risk-conscious portfolio, and evaluating different types of investment accounts (529 Plans, Roth IRAs, Traditional IRAs, and taxable brokerage accounts).
First-time Homebuyer Planning
Building time-sensitive saving and investment strategies for becoming a first-time homeowner. Discussing how to shop for a mortgage, compare lender rates, and qualify for local first-time homebuyer programs.
Joint Financial Planning
Building a personalized budget, setting time-sensitive joint and individual financial goals, tracking monthly expenses, and account and bill organization and management strategies for couples.
Retirement Planning
Locating previous employer retirement accounts, opening new retirement accounts, creating a retirement budget, and discussing options for decreasing living expenses and maintaining income during retirement.