What is financial counselling - National Debt Helpline (2024)
Financial counselling is a free, confidential and independent service provided by skilled professionals, called financial counsellors, who offer practical advice and support to people experiencing financial difficulty or who are having problems with their debts.
Anyone can find themselves in financial difficulty, also called financial hardship. There are many life events that can cause financial hardship. Examples include: leaving home, relationship breakdowns, losing a job, retiring, illness, a death in the family, caring for a loved one, natural disasters, domestic violence, or similar. If this has happened to you, a financial counsellor can help.
Thousands of Australians get help from financial counsellors every year.
Access to financial counselling is free, it is not means-tested and is available through community organisations across Australia.
What is financial counselling? Financial counselling can help you resolve your debt issues. Financial counsellors will assess your situation and provide you with advice to help you move on.
In a nutshell, financial counselling helps you manage your debts and get your finances back under control. Financial counsellors are skilled professionals who provide advice and support to people struggling with bills and debt. A financial counsellor can: Assess your financial situation.
Verifying accurate demographic and financial information. Reviewing and interpreting insurance benefits. Providing financial counseling and screening. Handling charity applications and credit assessments.
The company is accredited by the Better Business Bureau (BBB) and it has an A+ rating. On TrustPilot, it has a 4.7 out of five rating based on over 39,000 reviews. Customers praised the company's responsive customer support staff, affordable payments and user-friendly platform.
Look for a credit counselor who can do the most for you. You might have to pay some money for help. But a good credit counselor will not ask you to pay in advance.
The right decision is going to depend on your unique financial situation and how much you can afford to pay an advisor. If all goes well then the length of time shouldn't be an issue to you, financially, because the returns can more than pay for the advisor's contributions.
Financial advisors can offer a variety of services, including help with debt. They can offer advice beyond what you may get from a credit counselor or debt management company. If you've tried to make a dent in your debt but haven't made much progress, seeking out a financial advisor could be worth your time and money.
Financial advisors and financial coaches both provide financial advice. Financial advisors specialize in wealth building, while financial coaches help you work toward nearer-term goals while providing accountability and encouragement along the way.
The daily schedule of a financial advisor includes prospecting, servicing current clients, administrative tasks, financial planning, and continuing education. In addition to providing financial guidance, a large part of a financial advisor's career is managing relationships.
Introduction: My name is Rev. Leonie Wyman, I am a colorful, tasty, splendid, fair, witty, gorgeous, splendid person who loves writing and wants to share my knowledge and understanding with you.
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