The 16 Best Personal Financial Coaches to Follow in 2023: Expert Guidance

Are you tired of living paycheck to paycheck? Do you wish you had a savings account or retirement fund, but aren’t sure where to start? The right personal finance coach can help you finally take control of your money and achieve financial freedom.

But not all financial advisors are created equal. The top money coaches have the skills and experience to guide you through key financial decisions and develop personalized strategies to reach your financial goals.

Keep reading to learn what separates the best from the rest, and find the top 16 financial coaches you should follow to gain financial literacy and transform your relationship with money.

Key Takeaways: The Best Personal Financial Coaches to Follow

  • The article covers the pros and cons of financial coaching, how to choose the right coach, and a list of top money coaches on social media.
  • It also discusses the positive impacts of coaching on confidence, spending plans, savings, and goal setting.
  • The article mentions key qualities to seek in a coach and the growth of financial coaching as a profession.
  • Additionally, it references essential skills for financial counseling outlined by the Consumer Financial Protection Bureau and encourages sharing the article and exploring the website’s content.

Finding the right personal financial coach can be the key to achieving your money goals and gaining financial freedom. But with so many options, how do you know which are the best financial coaches to follow?

The top money coaches not only have the skills and credentials like being a certified financial planner (CFP), but they also focus on building a strong relationship with money through financial education and coaching.

The best personal finance coaches help you improve your overall financial literacy and change your relationship with money by teaching discipline, strategy and mindfulness.

The obvious answer is to subscribe to my newsletter. Save this website. Follow me on social media.

But above and beyond that, I will provide you a list of 16 financial coaches that you can follow online to help with your financial life & financial education.

Subscription Form (#3)

Personal Financial Coach – The Benefits of Being Educated

There are many benefits to hiring a financial advisor, personal money coach, or reading personal finance books and blogs. Doing so can help you to better understand your finances, make better financial decisions, and save money. However, there are also some potential drawbacks to consider.

One of the biggest benefits of hiring a financial advisor or personal money coach is that you will have someone to help you make sense of your finances. If you are struggling to understand your financial situation or make ends meet, a financial advisor can help you to develop a budget, understand your expenses, and make comprehensive plans to get out of debt.

A personal money coach can also help you to set financial goals and create a financial plan to reach them.

Another benefit of reading financial blogs, social media and books (I review 50+ of the best Finance Books here)is that you can learn about financial topics at your own pace.

If you are not ready to hire a financial advisor or personal money coach, reading about personal finance can help you to begin to understand the basics of budgeting, saving, and investing.

You can also find information about specific financial topics that you are interested in, such as how to save for retirement or how to start a business.

There are some potential drawbacks to consider when hiring potential advisors or personal money coach.

  1. First, you will need to pay for their coaching program. While this can be worth it if you are struggling to manage your finances, it may not be necessary if you are already comfortable with your finances. Some advisors will charge you a asset management fee that is a percentage of assets under management, others will charge a flat fee or hourly fee.
  2. Other financial coaches will not manage money or sell you insurance. They may run a pure fee based coaching business. This may take away any of the potential conflicts of interest an advisor may have. Or may be good for someone that wants to do it yourself, but get a second opinion.
  3. Additionally, prospective advisors and personal money coaches may have different philosophies on money management, which could lead to conflict if you are not careful in choosing the right one for you.
  4. Finally, it is important to remember that human advisors and personal money coaches are not perfect, and they may make mistakes just like anyone else. If you are considering hiring a financial advisor or personal money coach, be sure to do your research to find the right one for you and be sure to communicate your expectations and concerns upfront to avoid any potential conflict down the road.

What is a Financial Coach?

A financial coach is a specialist who focuses on your day-to-day money habits like budgeting, debt and saving to help you identify which habits need to change in order to reach your bigger goals, then supports you as your work toward that change. 

Here are some bullet points expanding on what a financial coach is, does, and how they help:

  • The top financial coaches are specialists who provides guidance on money management, financial planning, and help people achieve their financial goals.
  • They help you develop your financial wellness and positive money habits like budgeting, saving, and reducing debt.
  • Financial coaches across the world can work with you to improve your money mindset, help people manage their money, and discuss financial strategies as part of their financial coaching program
  • Financial coaches assist you in gaining financial literacy and financial knowledge through financial education, resources, and accountability.
  • They create customized action plans tailored to your unique financial situation and goals.
  • A top financial coach will provide support and encouragement to motivate you to stick to your financial plans.
  • They can advise you on topics like budgeting, debt payoff, investing, retirement planning, college savings, and more.
  • A financial coach is for anyone wanting to take control of their finances and build wealth.
  • They work with a variety of clients including young professionals, families, entrepreneurs, and pre-retirees.
  • A financial coach is not intended to replace more formal advisors like CPAs and certified financial planners for complex tax and investment needs.
  • If you need help with basic money management and achieving financial goals, a financial coach can provide the education, support and accountability to help you succeed.

Because – Financial Coaching Works!

The Wikipedia definition of coaching is  “when an experienced person supports a learner or client in achieving a specific personal or professional goal by providing training and guidance.”

When we think of coaching, we usually think of sports. Some teams win year after year, simply because of great coaching.  We have also seen what poor coaching does to teams.  Unfortunately, I am a NY Football Giants fan – so trust me on this…

Imagine showing up to your child’s baseball or soccer game – and there are no coaches on the field.  That would seem odd, wouldn’t it? Yet many of us try to handle something as crucial as our financial future without the help of a professional. The best financial coach could enhance your financial security by helping you make informed decisions.

Is it worth getting a financial coach?

A financial coach can give you valuable insight into what you should be doing with your money to reach your financial goals. But they don’t offer their advice for free. The typical financial coach charges hourly or in a group of sessions.

How do I choose a personal financial coach?

Know what financial advice you need.
Learn about financial coaching options.
Consider how much you can afford to pay a financial coach, and the value a financial coach will offer you.
Make sure you are compatible with the financial before agreeing to work with them over the long-term.

How much should I pay a financial coach?

On average, financial coaches charge about $150–250 per each one-hour session. Most coaches meet with their clients for about six to 12 sessions a year.

Is the Expert Guidance from Personal Financial Coaches Worth the Cost?

Many individuals wonder if the pricing for financial coaching is worth it. Personal financial coaches provide expert guidance on budgeting, saving, and investing. With their knowledge and experience, they can help clients make informed decisions and achieve their financial goals. The benefits of their guidance often outweigh the cost.

Top 16 Money Coaches To Follow

the best financial coach

Obviously you should save this website as a favorite, and follow us on every social media platform possible…

In recent years, social media has become a powerful tool for personal finance advice. Money coaches use platforms like Twitter, Facebook and Instagram to share actionable money moves on everything from saving money to investing wisely.

If you’re looking for some expert guidance on how to better manage your finances, check out these top money coaches to follow on online financial platforms.

We’ve compiled a list of the top money coaches who provide tips for improving your financial well-being and gaining financial independence. These coaches are featured as top financial influencers and have achieved success as a coach in the financial coaching industry.

First the popular, well known names:

  1. @ramit Ramit Sethi is the author of the New York Times bestseller, “I Will Teach You To Be Rich.” His no-nonsense approach to personal finance has earned him a loyal following of over 200,000 people. On social media, Sethi shares practical tips on everything from saving money on groceries to negotiating a higher salary. He also writes regularly on his blog, where he covers topics like budgeting, investing and credit card rewards.
  2. @DaveRamsey: Dave Ramsey is a well-known financial expert and radio host. He has a lot of great tips and advice on his Twitter account.
  3. @SuzeOrmanShow is another well-known financial expert. Suze Orman has a lot of great tips and advice on her Twitter account.
  4. @financialsamura: Financial Samurai is a blog that provides great financial tips and advice. They also have a Twitter account that is worth following.
  1. @MoneySavingMom: Money Saving Mom is a blog that provides great tips and advice for saving money. They also have a Twitter account that is worth following.
  2. @thepennyhoarder: The Penny Hoarder is a blog that provides great tips and advice for saving money. They also have a Twitter account that is worth following.
  3. @Farnoosh Farnoosh Torabi is a personal finance expert and the host of the award-winning podcast, “So Money.” She’s also the author of the best-selling book, “You’re So Money: Live Rich Even When You’re Not.” Torabi uses social media to share actionable advice on a wide range of personal finance topics, including debt reduction, investing and retirement planning. She also frequently hosts Twitter chats,
  4. @moneysmartguy – Money Smart Guy is a great resource for all things personal finance. He offers tips and advice on everything from budgeting to investing, and he’s always happy to answer any questions you might have.
  5. @thebudgetnista– The Budgetnista is all about helping you live a frugal, but still fun, life. She offers tips on everything from couponing to finding free activities in your area.
  6. @brokemillennial – Broke Millennial is a must-follow for anyone in their 20s or 30s who wants to get their finances in order. She offers relatable and actionable advice on everything from student loans to how to pay off credit card debt.
  7. @moneysavvygen – Money Savvy Gen is a great resource for Gen Xers and baby boomers who want to stay on top of their finances. She covers topics like retirement planning and investing, and she also has a lot of great tips for saving money.
  8. @thefrugalgirl – The Frugal Girl is all about helping you save money without sacrificing your lifestyle. She offers tips on everything from couponing to cooking frugal meals, and she’s always happy to answer any questions
  9. @thebudgetmom – The Budget Mom is a great resource for anyone looking to get their finances in order. She offers tips and advice on everything from creating a budget to saving money on groceries.
  10. @themoneycoach – The Money Coach is a great resource for anyone looking to get their finances in order. She offers tips and advice on everything from creating a budget to saving money on groceries.
  11. @brokegirlrich – Broke Girl Rich is a great resource for anyone looking to get their finances in order. She offers tips and advice on everything from creating a budget to saving money on groceries.
  12. @moneysmartguides – Money Smart Guides is a great resource for anyone looking to get their finances in order. They offer tips and advice on everything from creating a budget to saving money on groceries.

Think you or a coach that you know deserves to be included in our roundup of the most popular and successful financial coaching accounts? Let us know! We’re always looking to endorse new financial management coaches who can provide value by working with a financial advisor and excelling in financial coaching.

If I Had The Best Financial Coach, Would It Help?

“Of companies and individuals who hired a coach, 99% viewed it as “satisfied or very satisfied”

International Coaching Federation (ICF) Global Coaching Client Study

Several connections between coaching and a positive client outcome have been discovered (Journal of Financial Theory).  Including


The purpose of a great financial coach is to make sure that you are well-informed about the many options available to you in order to reach your goals. Like a personal trainer at the gym – your money coach must track your financial development and hold you accountable on a regular basis. You may achieve your goals with less wasted effort if you have a skilled coach on your side

A financial coach will ask you thoughtful, insightful questions.  Without proposing a ‘quick fix,’ the best financial coach will take the time to get to know your financial condition.


First and foremost, a competent money coach must be knowledgeable about finances. A money coach doesn’t require a binder full of finance designations and certificates, but they should have some personal finance experience.  I don’t just write a random blog; I used to have a financial planning firm that I sold after many years. Some advisors or coaches can help you with basic finances like balancing a check book, how to improve your credit score, or improving your credit scores, while others can educate you and guide you on complicated advanced planning such as tax planning and estate planning to create generational wealth.


Make sure you’re not dealing with a total rookie when picking a money coach.  Everyone needs their first client, and certainly someone could be great right off the bat.  But if you want to work with truly the best financial coach – you ideally want someone not just knowledgeable.  But someone who has experience in communicating ideas to clients.  Someone who knows how to make sure you take action to achieve your financial goals.  Someone who knows many of the alternative ideas to share with you.

Conversely, experience and knowledge do not guarantee the best financial coach.  For example.  Michael Jordan was the greatest basketball player of all time.  Why didn’t he ever coach?  He understood his strengths as a player, would actually hinder him from being able to teach younger players.

QUOTE: “I have no patience for coaching.”

– Michael Jordan

It is actually a very interesting interview with Michael Jordan, if you are interested

So in addition to knowing finances, your money coach must also know how to coach and explain concepts to you.

Financial coaching is growing rapidly.  

So in summary, how do you know what to look for?  In 2017, the Consumer Financial Protection Bureau (CFPB) released a list of skills and information that most experts believe are essential in financial counseling. Coaching and motivating skills ranked number one.  The top three were:

  • Coaching and motivational skills.
  • “Broad and deep” of financial expertise “to accommodate varied client demands.”
  • Systemic knowledge and cultural responsiveness

Financial Coaching: Browse and compare 1000’s of vetted vendors.

Subscription Form (#3)
  • Sharing the article with your friends on social media – and like and follow us there as well.
  • Sign up for the FREE personal finance newsletter, and never miss anything again.
  • Take a look around the site for other articles that you may enjoy.

Note: The content provided in this article is for informational purposes only and should not be considered as financial or legal advice. Consult with a professional advisor or accountant for personalized guidance.

Next Steps in Getting The Best Financial Advice

The best financial coaches not only have the technical skills but also an ability to motivate and inspire you to reach your financial goals. Focusing on financial education, financial literacy and your relationship with money is key.

If you’re looking for the top coaches to follow, be sure to look for CFPs who provide personal finance coaching focused on your specific needs and goals.

The best money coaches and budget coaches will help you master your finances and attain financial freedom.