Why it Matters: Financial Coaching

A financial coach supports individuals seeking financial stabilization using a comprehensive, person-centered approach. Our HUD-certified coaches at NeighborWorks® Toledo Region work to empower Toledoans throughout their financial journeys, no matter their starting point.  

One-on-one financial coaching caters to individual clients with unique goals and life circumstances. Financial coaches can provide guidance and support to clients seeking assistance with debt reduction, credit repair, budget building, or preparing to purchase a home. Coaches and clients curate plans to achieve these goals that are achievable, realistic, and relevant to the client’s lifestyle.  

Clearing pathways to financial success can restore confidence and build independence. Regularly working through roadblocks and planning achievable solutions can allow clients to regain control over their finances. Referring to professional financial coaches when navigating complex financial situations can reduce stress, decrease over-spending, and improve money management.  

Financial coaching positively impacts physical health as well as mental. In 2023, the American Psychological Association published a survey reporting on Americans’ most pressing stressors. Those aged 18 to 64 years old all rated money and financial stability as being their number one stressor.  

"I met with my financial advisor every month. We implemented goals and they were knocked out by the time I came to my appointment the following month... Now, I can say I’m most proud of being back in school, and of my financial situation. At one point, I was depressed and struggling... some days not knowing if I’m coming or going. Being in school is my peace; it’s where I’m supposed to be... [NeighborWorks® Toledo Region] ended up opening the door for so many other resources that you don’t often hear about." - M.W., 2025 

Stressing about finances can lead to decreased sleep, depression, anxiety, headaches, compromised immune systems, digestive issues, and high blood pressure.² Unhealthy coping mechanisms are commonly developed, such as substance abuse and overeating. Poor health and coping skills can worsen financial strains. 

Budget planning, credit counseling, debt management, and an active investment in your financial well-being means that financial coaches are here to help. Whether you are looking to buy a home, or working toward a steady income, our Financial Opportunity Center® team can offer credentialed support and guidance at no cost to you. Visit our Financial Wellness page to learn how we can partner with you as you work on achieving your financial goals.