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Leveraging Coaching to Support Financial Literacy and Financial Well-Being
A Research Paper By Joseph Neizer
Retirement Coach, CANADA
In order to encourage financial literacy and improve the financial well-being of Canadian families, this research document will define the basic ideas and principles of coaching. The article cites a 2018 Financial Survey of Canadians conducted by the Financial Consumer Agency of Canada (FCAC) to support its conclusions. For Canadians, having adequate finances contributes to a sense of mental and emotional security in daily life. Even while it is not the only factor in people’s anxiety and tension, money plays a big part in exacerbating these problems for both individuals and families. This idea is particularly evident when there is financial and economic uncertainty, as there is at the moment.
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